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Every Month, Justin Contributes 5 Percent of His Income and His

Question 224

Multiple Choice

Every month, Justin contributes 5 percent of his income and his employer contributes an additional 5 percent to guarantee that Justin will have a regular income when he retires. This is known as


A) an insurance fund.
B) investment banking.
C) social security.
D) a pension fund.
E) retirement planning.

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