an employer - provided retirement savings plan is - an opportunity for employees to make pretax retirement…

an employer - provided retirement savings plan is - an opportunity for employees to make pretax retirement contributions an opportunity for employees to save for short - term goals an opportunity for employees to get a raise an opportunity for employees to pay more taxes

an employer - provided retirement savings plan is - an opportunity for employees to make pretax retirement contributions an opportunity for employees to save for short - term goals an opportunity for employees to get a raise an opportunity for employees to pay more taxes

Answer

Brief Explanations:

Employer - provided retirement savings plans, such as 401(k) in the US, typically allow employees to contribute a portion of their pre - tax income. This reduces the employee's taxable income for the current year. Short - term goals are not the focus of retirement savings plans. These plans are not about getting a raise. And since contributions are pre - tax, they do not lead to paying more taxes.

Answer:

an opportunity for employees to make pretax retirement contributions