Rajiv works for a major private employer.Each year, he contributed a substantial amount to a retirement benefit plan.The employer matches these pre-tax dollars up to 6% of his income.What kind of retirement program does Rajiv have?

Question

Quizplus · Accepted Answer

Rajiv's retirement program is a 401(k) plan, characterized by employer matching of employee contributions up to a certain percentage of the employee's income, with contributions made with pre-tax dollars.

Rajiv Works for a Major Private Employer