Question

Ron's employer offers a 401(k) plan with 2% match, but the 401(k) only allows investments in Ron's employer's stock. To save for retirement, Ron should invest _____.


Select the best answer from the choices provided.
2% to get the match in the 401(k) but invest more in a diversified IRA to reduce risk
as much as he can into the 401(k) plan
2% to get the match in the 401(k) but also open a private pension plan
1% in the 401(k) but invest at least 4% in a diversified IRA

Answer 1

@JoannaBlackwelder

Answer 2

a and d seem really similar to me

Answer 3

I don't think 4% in the IRA is needed with the match. I would go with a.

Answer 4

B makes more sense

Answer 5

well a too

Answer 6

I don't think b is diversified enough.

Answer 7

this last one