Question: Question 3 3 pts What does a 401(k) feature in a defined contribution plan do? O Credits employee accounts with varying contribution percentages calculated individually

Question 3 3 pts What does a 401(k) feature in a

Question 3 3 pts What does a 401(k) feature in a defined contribution plan do? O Credits employee accounts with varying contribution percentages calculated individually at the time of the plan inception O Includes a predetermined and defined formula for allocating profit shares among participants Enables qualified employees to buy company stock at a reduced price O Enables employees to make pre-tax contributions through salary reduction agreements

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