Which Act Governs Employer-Sponsored Retirement Plans

question 58

Multiple Choice

Which act governs employer-sponsored retirement plans?

• A) Investors Advisors Act
• B) Investment Company Act
• C) Security Investors Protection Act
• D) Employment Retirement Income Security Act

---

Definitions:

Inflation Rate

The annual percentage increase in the general price level of goods and services, reflecting the rate at which the purchasing power of currency is eroded.

Market Basket

A fixed list of items, used to track the progress of inflation in an economy or to compare costs of living.

CPI

Refers to the Consumer Price Index, a metric that calculates the weighted average price of a selection of consumer items and services including food, medical care, and transportation.

Rate of Inflation

The inflation of general prices for goods and services in an economy over a particular period of time.