a. Describe the basic characteristics of a Section 401(k) plan. b. What is a Roth 401(k) plan?

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a. Describe the basic characteristics of a Section 401(k) plan.
b. What is a Roth 401(k) plan?
c. Describe the basic characteristics of a Section 403(b) plan (also called a tax-sheltered annuity).

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Principles of Risk Management and Insurance

ISBN: 978-0132992916

12th edition

Authors: George E. Rejda, Michael McNamara

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