Lynn works for a state university. In addition to the university's regular retirement plan, Lynn participates in another retirement savings plan

She elected to have $5,000 of her salary withheld and contributed to a tax-sheltered annuity with an insurer. The type of plan that Lynn established is called a
A) SIMPLE plan.
B) 403(b) plan.
C) defined benefit plan.
D) Keogh plan.


Answer: B

Business

You might also like to view...

Of the consumers who follow a brand on Facebook, the highest percentage (over 1/3 ) cited ________ as the main reason for becoming fans

A) special deals B) content C) information provided by the brand D) interesting communication

Business

Stable relationships are expected between specific accounts (for example, cost of goods sold and sales) that can be investigated for unusual discrepancies

a. True b. False Indicate whether the statement is true or false

Business

A wealthy audience might not appreciate what it means to

a. be a good speaker. b. grow up in poverty. c. be a good listener. d. speak about wealth.

Business

Note taking is necessary in every sales presentation because it demonstrates active listening

Indicate whether the statement is true or false

Business