In the context of retirement plans, the 401(k) plans are offered to employees of certain types of nonprofit organizations such as schools, religious organizations, and charities.
Answer the following statement true (T) or false (F)
False
The 401(k), 403(b), and 457 plans are employee-contribution retirement plans that are named for the sections of the IRS tax code where they are described. The 401(k) plans are offered to employees of private-sector businesses, while 403(b) plans are for employees of certain types of nonprofit organizations such as schools, religious organizations, and charities. See A-4: Your Investments: Building for the Future
You might also like to view...
In creating product objectives, marketers should consider the long-term implication of product decisions
Indicate whether the statement is true or false
Which of the following should you not do when setting up appointments for your manager?
a. Leave Monday mornings free to start on plans for the week. b. Schedule appointments so they will overlap and time can be saved when some appointments don't take as long. c. Avoid scheduling an appointment in another location immediately after a meeting that is likely to run overtime. d. Learn which meetings can be limited to fifteen minutes or less.
The asset account Office Supplies has a balance of $2,000 at the beginning of the year. The amount on hand at the end of the year is $1,250. The company has calculated the Supplies Expense for the year to be $8,750. Based on this information, what amount of office supplies was purchased during the year?
A. $8,000 B. $7,500 C. $10,000 D. $0
Credence attributes stem from__________
A) the design of products B) the nature of services C) drive key operational controls D) operations design choices