A retirement plan where employers often match part of an employee's contribution is known as a
A) simple IRA.
B) Roth IRA.
C) Keogh plan.
D) 401(k) plan.

Question

Quizplus · Accepted Answer

A 401(k) plan is a retirement plan where employers often match part of an employee's contribution, making it a popular choice for many employees. The employer match can help employees save more money towards retirement, and the contributions are typically invested in mutual funds or other investments to help grow the funds over time.

A Retirement Plan Where Employers Often Match Part of an Employee's