In 2008 Alone, Individuals Who Had Contributed to 401(k) Retirement

question 48

Multiple Choice

In 2008 alone, individuals who had contributed to 401(k) retirement savings accounts for 20 years or more lost an average of _____ of value.

• A) 5%
• B) 10%
• C) 20%
• D) 25%

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Definitions:

Compliance

Following rules, standards, or laws, or the act of adhering to requests or demands from others.

Adherence

The extent to which individuals follow the rules, guidelines, or treatment plans prescribed by authorities or experts, often used in contexts like healthcare, law, and organizational policies.

Commitment

The state or quality of being dedicated to a cause, activity, or goal.

Coalition Building

The process of assembling a temporary alliance or partnership of groups in order to achieve a common goal.