Question: A profit sharing plan is a group-based incentive plan in which a company contribute shares of its stock to a trust set up for its
A profit sharing plan is a group-based incentive plan in which a company contribute shares of its stock to a trust set up for its employees.
Question 1 options:
| True | |
| False |
A stock option plan is a group-based incentive plan in which the incentive money paid to an employee is put into a retirement account for that employee.
Question 5 options:
| True | |
| False |
One standard for retirement benefits is ______ vesting, where an employee becomes fully vested when they have three years of service.
Question 10 options:
| graded | |
| phase-in | |
| cliff | |
| treo |
An exclusive provider organization (EPO) is an alternative health care plan that lets employees choose a higher deductible or other more expensive alternatives, put money into a savings plan, and choose their health care providers.
Question 15 options:
| True | |
| False |
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