Both employers and employees contribute to help pay for benefits that will partially make up for the employees' loss of income on retirement.

Question

Quizplus · Accepted Answer

Both employers and employees typically contribute to retirement benefits such as pensions, 401(k)s, and other retirement savings plans. These benefits help supplement the employee's income when they retire, but the contributions are typically shared between the employer and the employee.

Both Employers and Employees Contribute to Help Pay for Benefits