A 401(K) plan is a good substitute for a life insurance policy. (True/False) A retirement plan guarantees to pay you, or your estate, a fixed amount, for 25 years. At the time of retirement, you will have $100,000 to your credit, in the plan. The plan anticipates earning 7% in...
The investment objective of earning a return on an investment that is at least equal to the inflation rate is called:() A. capital preservation. B. current income. C. capital appreciation. 点击查看答案&解析手机看题 单项选择题 Capital market efficiency is desirable, but there are limitations in...
A paycheck is a document/record issued by an employer to an employee which shows how much money an employee have earned and how much tax or insurance etc. has been deducted. .It will typically detail the gross income and all taxes and any other deductions such as retirement plan or pension...
The EPFO ‘declares’ the annual interest paid out to subscribers each year. In the last four years, the returns have been around 8.75 per cent a year. This interest is decided based on the surplus of its income over expenses. The fund earns income from the interest on government deposits,...