Answers CAP Career Planning and Development Preparing for the FutureQuestion 10

10

QuizMultiple Choice

Preparing for the Future

Question 10 • CAP Career Planning and Development

A 401(k) account is very valuable because ______.

Answer

A

Money contributed to a 401(k) is not taxed

B

Each plan opens at a value of one million dollars

C

Your employer is required to match your investment

D

The employee can use the 401(k) money without penalties

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