Alice Cooper contributes six percent of her monthly earnings to her 401k plan at work.The plan allows her to invest in several different types of mutual funds and her employer matches up to 3% of her salary.Which suggestion for obtaining the money she needs for investing is she following?
A) Paying herself first
B) Taking advantage of employer-sponsored retirement programs
C) Participating in an elective savings program
D) Making a special effort once or twice a year to save
E) Taking advantage of gifts,inheritance and other windfalls
Correct Answer:
Verified
Q34: An emergency fund should be deposited in
Q35: A corporation must give each potential investor
Q36: Allen Arnold earns $2,500 per month.He pays
Q37: Once you have developed an investment program,there
Q38: Few investors find many of the investor
Q40: Accurate record keeping can help you spot
Q41: After the death of her husband,Gina Baker,35,received
Q42: Twenty years ago,you began investing $200 a
Q43: Which one of the following is a
Q44: If interest rates in the overall economy
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents