Multiple Choice
Which of the following are potential benefits of a 401(k) or 403(b) plan? I. You can make yourself low-interest loans.
II. You can save for retirement.
III. Your contributions to the plan are tax-free.
IV. Your contributions to the plan are tax-deferred.
A) I, II, III and IV
B) I, II, and III only
C) I, II and IV only
D) I and II only
Correct Answer:

Verified
Correct Answer:
Verified
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