Boot Camp Programs Often Provide Aftercare to Help Offenders Transition

question 86

True/False

Boot camp programs often provide aftercare to help offenders transition back into the community.

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Definitions:

SIMPLE Plan

A Savings Incentive Match Plan for Employees that allows employees and employers to contribute to traditional IRAs set up for employees, intended for small businesses.

Tax-deferred Plans

Investment accounts, such as 401(k)s or IRAs, where contributions are tax-deductible and taxes on earnings are delayed until withdrawal.

Distribution

The payment of dividends, capital gains, or other earnings from an investment to its shareholders or partners.

Keogh Deduction

A tax deduction available to self-employed individuals or unincorporated businesses for retirement plan contributions.