Examlex
Which of these statements is NOT correct concerning civil servants in the United States?
IRAs
Individual Retirement Accounts, which are tax-advantaged investing tools for individuals to earmark funds for retirement savings.
401(k) Plans
Retirement savings plans sponsored by an employer that allow employees to save and invest a portion of their paycheck before taxes are taken out.
Hourly Wage
The amount of money paid for each hour of work.
Nonexempt Employees
Workers who are entitled to receive overtime pay under the Fair Labor Standards Act (FLSA) for hours worked beyond the standard workweek.
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