Both 401(k)plans and Roth 401(k)plans Are Forms of Defined Contribution

question 71

True/False

Both 401(k)plans and Roth 401(k)plans are forms of defined contribution plans.

---

Definitions:

Problem

A situation, question, or matter in need of a solution or explanation.

Secondary Research

The process of gathering information from previously published sources.

Observational Studies

Research methods where subjects are observed in their natural environment without intervention from the researchers.

Interpreting Results

The process of analyzing and drawing conclusions from data or outcomes of a study or experiment.