select the correct answer. what benefit does a 401(k) plan provide over an ira? a. a higher rate of return…

select the correct answer. what benefit does a 401(k) plan provide over an ira? a. a higher rate of return b. fewer investment options c. less investment risk d. on - hand financial advisors e. employers contribution

select the correct answer. what benefit does a 401(k) plan provide over an ira? a. a higher rate of return b. fewer investment options c. less investment risk d. on - hand financial advisors e. employers contribution

Answer

Brief Explanations:

A 401(k) is an employer - sponsored retirement plan. One of its key advantages over an Individual Retirement Account (IRA) is that employers may make contributions to an employee's 401(k) account. Rates of return, investment options, and investment risk can vary widely for both and are not inherent differences. Financial advisors are not exclusive to 401(k)s.

Answer:

E. employer's contribution