Burt Reynolds has changed jobs. His last retirement plan's contributions depended on how well the company performed and he shared in the earnings
His present employer allows him ownership in the firm, although this is the riskiest plan. Burt's former plan was a(n) ________ and his current plan is a(n) ________.
A) ESOP; money purchase plan
B) profit-sharing plan; ESOP
C) ESOP; 401(k)
D) profit-sharing plan; thrift and savings plan
E) ESOP; profit sharing plan
Answer: B
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