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  3. Personal Finance Study Set 5
  4. Quiz 18: Starting Early: Retirement Planning

John Carpenter Works as a Manager of a Retail Store.his

Question 135
Multiple Choice

John Carpenter works as a manager of a retail store.His employer has been setting money aside for him each month in the amount of 7 percent of his monthly earnings.What type of retirement plan does John have? A)Money-purchase pension plan B)Stock bonus plan C)Profit-sharing plan D)403(b) plan E)Defined benefit plan

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