Multi choice without explaining please!

1.

The Williamson Corporation wants to help its employees save for retirement by allowing them to defer part of their compensation on a pretax basis that the company would match. The best option for this situation would be to use a _________ plan.

		Section 401(k)
		specified retirement benefit
		money purchase
		profit-sharing
		supplemental benefit

2.

TreeWorks Inc. needs to downsize in order to streamline its business processes and to reduce operating costs. Management has conducted an employee scan, and they have realized that there are a number of employees who could retire or retire early to meet their budget goals. They have put together a packet of incentives to encourage senior employees to retire early. According to the Age Discrimination in Employment Act (ADEA), what is it very important for the company to do or not to do in this situation?

		It is the employees', not the employers', responsibility to gather all information about available options.
		Employers can cease the accrual of retirement benefits at about 65 years to induce older employees to retire.
		Employers should ensure that only employees over the age of 60 receive the programs benefits.
		Employees should not be coerced to accept an incentive and retire.
		Employees must meet a stringent deadline in making their decision about early retirement.

3.

Senior management at the Premier Corporation wants to provide all of its employees with a retirement benefit plan that insulates workers from investment risks and provides predictability in terms of future benefits. Given this situation, which type of retirement plan should be used?

		defined benefit
		defined contribution
		pension service
		estate insurance
		unemployment benefit