The most well-known retirement plan in U.S.companies today is the ______.

Question

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The 401(k) is a popular retirement plan in the U.S. It allows employees to contribute a portion of their salary into the plan, and employers often offer matching contributions. This plan offers tax benefits and flexibility in investment options for employees. Options A, B, and C are not retirement plans but rather related concepts: Variable Pay refers to performance-based compensation, Vesting refers to an employee's ownership of company contributions to a retirement plan, and Utilization Analysis refers to a review of employee skills and workloads.

The Most Well-Known Retirement Plan in U