Question

Which of the following retirement plans rely on the power of compound return on worker's accounts?

I. Social Security
II. pensions
III. 401(k) plans
IV. IRAs


Select the best answer from the choices provided.
I and II
III and IV
II and III
IV and I

Answer 1

@JoannaBlackwelder

Answer 2

Im saying B what you think?

Answer 3

I don't have a clue. Trying to look it up.

Answer 4

IRA i think is for sure

Answer 5

compound has to do with Stocks and bonds

Answer 6

so i would say B or C

Answer 7

Yeh thats what im saying

Answer 8

pensions doesn't talk about stocks or bonds

Answer 9

because the Irs is very strict about every thing

Answer 10

*Ira

Answer 11

401K AND IRA ARE COMPOUND RETURNS thats what i think

Answer 12

Yea You could try it

Answer 13

@JoannaBlackwelder what you think mate

Answer 14

From what you guys are saying, it looks like b to me

Answer 15

:)

Answer 16

Reinvesting returns from an investment back into the investment so that they can earn more returns; similar to compound interest in savings accounts

Answer 17

yea

Answer 18

compoun means investment