Which of the following retirement plans places a maximum amount

places a maximum amount that an individual can contribute to the fund in a given year at . Option (d) is correct.

Further Explanation:

Given:

The options are as follows,

(a). 401(k)

(b). Tax Deferred Annuity

(c). Pension

(d). IRA

Explanation:

is a retirement plan that permits employees of a firm to invest in their retirement. This type of retirement is tax deferred.

Tax-deferred annuity is a type of investment used by employees in planning their retirement. In this type of retirement the annuity matures tax-free till the age of retirement.

Pension is a series of payments made after retirement.

is a tax deferred individual retirement plan.

places a maximum amount that an individual can contribute to the fund in a given year at . Option (d) is correct.

Option (a) is not correct.

Option (b) is not correct.

Option (c) is not correct.

Option (d) is correct.

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Answer details:

Grade: High School

Subject: Mathematics

Chapter: Credit Risk

Keywords: Yoko, buying, car, local car, dealership, lowest interest rate, possible, asking nicely, credit history, positive credit history, loan, license, outstanding.