Question

What is the difference between a pension and a 401(k) plan? Check all that apply.
A. Most companies can only afford to offer 401(k) plans instead of pensions.
B. Most companies can only afford to offer pensions instead of 401(k) plans.
C. Most 401(k) plans are managed and funded by employers.
D. Most pension plans are managed and funded by employers.

Select all that apply

Answer 1

@a1234

Answer 2

I think A and C.