Nora is an investment specialist for the Teamsters Union Central States Pension Fund. Her job involves deciding how to invest the contributions paid into the fund. Which of the following statements about Nora's job are true?
A) She works for a bank.
B) She will probably invest most of the pension's funds in safe corporate stocks and other conservative investments such as government securities.
C) In order to qualify for maximum tax benefits, the funds Nora invests all must be contributed by the companies who employ members of the Teamsters Union, rather than by the union members themselves.
D) The purpose of the investments Nora is making is to increase the current pay of union members.
Correct Answer:
Verified
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