A Firm Wants to Use Its Benefit Package to Appeal

question 203

Short Answer

A firm wants to use its benefit package to appeal to applicants. One part of the benefits package is the opportunity to contribute to a retirement savings program. The recent instability of the stock market has made this less attractive.
Which of the following, if true, might make the option more appealing to a prospect?
In recent months, the stock market has become more bullish, making mutual funds a better bet.
The firm pays the maintenance fees for the investments.
Employees may choose the amount set aside each month, up to 10 percent of gross income, which is untaxed until the money is removed from the fund.
Over a ten-year period, the mutual funds included in the firm's option have accrued at a rate equal to the consumer price index.
The firm allows employees to select from and move funds around to a wide range of mutual fund options, some more conservative than others.

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Definitions:

Choosing

The process of making a decision or selecting an option among several alternatives.

Deficiency

The state of lacking a necessary quality or element, leading to inadequacy or incompleteness.

Decision Complexity

The level of difficulty and the number of factors and variables that must be considered when making a decision.

Government Regulation

The act of governing bodies setting and enforcing rules and standards on industries, businesses, and individuals to protect public interest.