Examlex
Blacks owned more land in 1900 than they had at the end of Reconstruction.
Defined Benefit Plan
A type of pension plan where an employer guarantees a specific retirement benefit amount to employees based on salary history and years of service.
401(k) Plan
A retirement savings plan sponsored by an employer which allows employees to save and invest a portion of their paycheck before taxes are taken out.
Downside Risks
Potential negative outcomes or losses that may occur as a result of an investment or decision.
401(k)s
Tax-advantaged, employer-sponsored retirement saving plans that allow employees to save a portion of their paycheck before taxes are taken out.
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