You meet with a prospective client, Tamako, the vice president of human resources for a software development

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Question:

You meet with a prospective client, Tamako, the vice president of human resources for a software development firm. She would like to implement a group savings and investment plan for her employees and wants to understand the various options available. After a fact-finding and detailed discussion, you recommend Tamako implement a defined contribution pension plan (DCPP). Which of the following reasons CORRECTLY describes why you would recommend that Tamako implement a DCPP?

a. Tamako wants the employees to have a guaranteed income upon retirement,

b. Tamako would like to offer her employees the ability to earn tax-free investment income.

c. Tamako wants employer contributions to be fully tax-deductible for the employer.

d. Tamako would like the investment decisions to be made by the employer alone.