QUESTION IMAGE
Question
what are two examples of employer contributions? * health insurance and 401(k) 401(k) and roth ira federal and state taxes traditional and roth ira
Sub - question 1 (about Pre - tax contributions, though the question is a bit cut off, but from the options):
Pre - tax contributions are taken from paychecks before tax calculation. The second option (with the blue dot) says "Contributions taken out of your paycheck BEFORE taxes are calculated on income", which matches the definition of pre - tax contributions. The first option is about after - tax, so the correct one is the second option (the one with the blue dot: "Contributions taken out of your paycheck BEFORE taxes are calculated on income").
- Health Insurance: Employers often contribute to employees' health insurance premiums.
- 401(k): Employers may match or contribute to employees' 401(k) retirement accounts.
- Roth IRA: It is an individual retirement account, not an employer contribution (employees contribute to Roth IRA with after - tax money, and employers don't typically contribute to Roth IRAs as a standard contribution).
- Federal and State Taxes: These are not employer contributions, they are taxes withheld.
- Traditional and Roth IRA: Both are individual retirement accounts, not employer contributions. So the correct option is "Health Insurance and 401(k)".
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The correct option is the one with the blue dot: "Contributions taken out of your paycheck BEFORE taxes are calculated on income"