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Tran Is Employed at a Company That Annually Contributes Anywhere

Question 22

Multiple Choice

Tran is employed at a company that annually contributes anywhere from 2% up to 12% of his salary into his retirement plan,depending on how good the company's financials were that year.This type of contribution plan is a(n) ________ plan.


A) 401(k)
B) ESOP
C) profit-sharing
D) performance

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