A Significant Change in Pension Coverage Has Been the Tremendous

question 98

Multiple Choice

A significant change in pension coverage has been the tremendous growth of tax-deferred:

• A) 401(k)plans.
• B) tax reduction plans.
• C) ERISA benefit plans.
• D) Individual Retirement Plans.

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Definitions:

Four Branches

Refers to the main divisions or areas of focus within a particular field or discipline, though the exact branches would depend on the context.

Natural Persons

Refers to human beings as individuals, endowed with rights and responsibilities under the law, distinguished from legal or artificial persons, such as corporations.

Reasonable Restrictions

Limitations that are considered fair or sensible, often applied in legal contexts to balance individual rights and societal interests.

Preemption

A doctrine under which certain federal laws preempt, or take precedence over, conflicting state or local laws.