As its retirement plan contribution,Aaron Copeland's employer has been buying shares of the company's stock for Aaron's benefit.What type of retirement plan does Aaron most likely have?

Question

Quizplus · Accepted Answer

A stock bonus plan is a type of retirement plan where an employer contributes company stock to an employee's retirement account. The employer is not required to make contributions to the plan regularly, but the stock contribution can be a one-time or periodic event. As per the question, Aaron's employer has been buying shares of the company's stock for his benefit, indicating that he most likely has a stock bonus plan.

As Its Retirement Plan Contribution,Aaron Copeland's Employer Has Been Buying