Question: Q1. Which benefit can double as a retirement program and a pay-for-performance program? a) a traditional IRA b) a Roth IRA c) an employee stock

Q1. Which benefit can double as a retirement program and a pay-for-performance program?

a) a traditional IRA

b) a Roth IRA

c) an employee stock ownership plan

d) a college savings plan

Q2. An employee enrolled in a ______ makes contributions to an individual account for retirement.

a) defined contribution

b) profit-sharing plan

c) cash balance

d) defined benefit

Q3. In what way is workers compensation similar to unemployment insurance?

a) both pay out when the employee is laid off

b) both are legally required benefits

c) both are voluntary benefits

d) both pay out when the employee is hurt on the job

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