Which of the Following Is False About a 401(k)plan

question 43

Multiple Choice

Which of the following is false about a 401(k) plan?

• A)Withdrawals before age 59-1/2 result in a 10 percent tax penalty
• B)Less than 50% of all employers offering these plans match a portion of employee's contributions
• C)Your contributions are limited to a set dollar amount each year
• D)The money you contribute is deducted from your paycheck before taxes are assessed

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Definitions:

Afferent Arterioles

Small blood vessels that carry blood to the nephrons in the kidney, playing a key role in regulating blood pressure and filtration.

Papillary Ducts

Channels in the kidneys through which urine flows from the collecting ducts to the renal pelvis.

Renal Pelvis

The central part of the kidney where urine collects before moving into the ureter.

Minor Calyces

Small funnel-shaped structures in the kidney that collect urine from the nephrons and pass it to the major calyces.