Isabella, who has worked for the last 30 years, has reached her retirement age and is eligible for the 403(b) employee-contribution retirement plan. Which of the following organizations is Isabella most likely working in?
A) A Christian missionary school that is managed by a trust
B) A business-to-business company that sells construction equipment
C) A municipal corporation in the United States
D) An advertising agency run by a media baron

Question

Quizplus · Accepted Answer

403(b) plans are retirement savings plans available to employees of public schools and certain tax-exempt organizations, such as churches and charities. A Christian missionary school managed by a trust fits this category.

Isabella, Who Has Worked for the Last 30 Years, Has