Solved

Alice Cooper Contributes Six Percent of Her Monthly Earnings to Her

Question 39

Multiple Choice

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents