OSHA Was Passed in 1970 in Spite of Strenuous Efforts

question 19

True/False

OSHA was passed in 1970 in spite of strenuous efforts on the part of organized labor to prevent it.

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Definitions:

Salary Reduction

A decrease in the amount of an employee's pay before taxes as agreed upon by the employer and employee, often in exchange for some benefit such as enhanced retirement contributions.

Tax Bracket

Categories that determine the rate at which income is taxed based on income levels.

403b Plan

A retirement savings plan available to certain employees of public schools and nonprofits, allowing them to save a portion of their salary in a tax-deferred account.

Bequest

The act of giving assets to beneficiaries through a will or estate plan.