Question: A defined contribution plan: Allows you to put in a set amount of money every month. May have a matching amount put in by your

A defined contribution plan:

Allows you to put in a set amount of money every month.

May have a matching amount put in by your employer

May be called a 401(k) plan

All of the above.

The basis of inherited property is

a.

the cost of the property to the donor.

b.

the fair market value as of the date of the deceased.

c.

the fair market value minus the cost of the property.

d.

the fair market value plus the cost of the property.

e.

none of these.

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