Frieda works at Zurisco Corp., a private company. She is eligible for the employee-contribution retirement plan. This plan is implemented through a payroll-deduction process. In this case, which of the following plans is offered to Frieda?
A) 403(b)
B) 457 plan
C) HR10 plan
D) 401(k) plan

Question

Quizplus · Accepted Answer

A 401(k) plan is a retirement savings plan offered by many private companies to their employees, allowing them to save and invest a portion of their paycheck before taxes are taken out.

Frieda Works at Zurisco Corp