Matching -A Plan Established by an Employer to Systematically Provide a a Pension

question 19

Multiple Choice

Matching
-A plan established by an employer to systematically provide a pension to employees over a
period of years after retirement, based on factors such as years of service, the participant's age,
compensation, and possibly other variables.

• A)401(k) plan
• B)defined contribution plan
• C)profit sharing plan
• D)managed care program
• E)qualified retirement plan
• F)vested
• G)defined benefit pension plan
• H)money purchase plan
• I)COBRA
• J)cafeteria plan

---

Definitions:

Tax Liability

The total amount of tax owed to the tax authorities by an individual, organization, or corporation in a given period.

Excluded From Taxation

Income, transactions, or entities that are not subject to tax by law or specific tax policy.

Flat Tax Rate

A tax system with a constant rate, meaning the percentage taxed remains the same regardless of the amount of the taxable base.

Financial Analyst's Role

A professional position responsible for analyzing financial data, market trends, and investment opportunities to advise businesses and individuals on financial decisions.