Question

If an employer does not offer a retirement plan, what might be another way to save for retirement? ATraditional IRA BRoth IRA C401k Plan DBoth A and B

Answer 1

I think it's both A and B.

Answer 2

The answer is: c. 401k plan

In a 401k plan, the employees could opt to save a certain amount of their earning to their retirement account each months.

One benefit of this plan is the amount of earning that the employees distribute to their 401k saving will not be counted in their tax payments. Because of this, this plan is regarded as one of the most popular retirement plan in untied states.