What Are the Advantages of a 401(K)

question 10

Essay

What are the advantages of a 401(K)?

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Definitions:

Distal Outcomes

Results or consequences that occur over a long period of time or are removed from the immediate context of an action or decision.

Proximal Outcomes

Immediate results or effects that are closely connected to an action or intervention, often measured in the short term.

Anticipatory Socialization

The process through which individuals learn and adopt the norms, values, behaviors, and social skills necessary for future roles and social memberships.

Conformity

Adjusting one's behavior or thinking to match those of others or adhere to group norms.