In Most Defined Contribution Retirement Plans,employees Have a Choice About

question 33

Multiple Choice

In most defined contribution retirement plans,employees have a choice about whether or not to participate.Which of the following statements about worker participation is true?

• A) Current U.S. law says that workers must be automatically enrolled in employer retirement plans.
• B) Full-time workers are less likely to participate than part-time workers because part-time workers need the retirement income more.
• C) Workers are more likely to participate if they are automatically enrolled and are permitted to opt out, rather than not enrolled and permitted to opt in.
• D) Workers are more likely to be part of a defined benefit plan than a defined contribution plan.