Assets in 401(k)plans Are Now Greater Than Assets in Private

question 42

True/False

Assets in 401(k)plans are now greater than assets in private defined benefit plans.

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Definitions:

AFL

The American Federation of Labor (AFL) was a national federation of labor unions in the United States, founded in 1886, focused on advocating for fair labor practices and workers' rights.

AFL

American Federation of Labor, a national federation of labor unions in the United States which aims to improve employment conditions.

Demands

Demand refers to the quantity of a good or service that consumers are willing and able to purchase at different prices.

Goodyear Tire And Rubber

A renowned tire and rubber manufacturing company known for its innovation and global footprint in the automotive industry.