liams employer allows him to save money tax - free for retirement, up to an amount that is determined by…

liams employer allows him to save money tax - free for retirement, up to an amount that is determined by federal tax laws. what type of account does liams employer most likely offer? (1 point) health savings account 401k plan medical insurance disability insurance

liams employer allows him to save money tax - free for retirement, up to an amount that is determined by federal tax laws. what type of account does liams employer most likely offer? (1 point) health savings account 401k plan medical insurance disability insurance

Answer

Brief Explanations:

A 401k plan is an employer - sponsored retirement savings plan that allows employees to save money tax - free up to a limit set by federal tax laws. Health savings accounts are for medical expenses, medical insurance and disability insurance are types of insurance and not retirement - savings vehicles.

Answer:

B. 401k plan