If you start a new job and are offered the opportunity to participate in the company's 401(k)or 403(b)retirement plan,which of the following decisions can affect your financial future?

Question

Quizplus · Accepted Answer

All of the given decisions can have a significant impact on an individual's financial future. Choosing to participate in a retirement account can help in reducing income taxes, and taking advantage of the employer's matching contribution can generate additional retirement savings. Selecting different mutual fund options for the retirement account can diversify the portfolio, and choosing investments based on age, retirement timeline, and risk tolerance can help maximize returns and minimize risk. Hence, all of these decisions are important for a person's financial future.

If You Start a New Job and Are Offered the Opportunity