Within a 401(k)plan,who Has the Responsibility for Investing

question 28

Multiple Choice

Within a 401(k) plan,who has the responsibility for investing?

• A) The employee
• B) The PGBC
• C) The ERISA Fiduciary Advisor
• D) The financial institution handling the account
• E) The employer

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Definitions:

Nervous System

An assembly of nerve cells and their fibrous connections that facilitate the transmission of nerve impulses among body regions, synchronizing bodily processes and perception.

Cerebral Cortex

The outer layer of the cerebrum in the brain, playing a key role in memory, attention, perception, cognition, awareness, thought, language, and consciousness.

Spatial Tasks

Activities that require individuals to visualize and manipulate objects in their mind, involving the perception and organization of space.

Cerebellum

A part of the brain located at the back of the skull, crucial for coordination and precision of voluntary movements, as well as balance.