Retirement Quizzes-Retirement income paid by a company

Answer to Quiz

Retirement income paid by a company to an employee is referred to as:

Answer: (c), pension
Companies often have pension plans, which provide for payments to retired employees who have been employed for a minimum amount of time by the employer and who otherwise meets other qualification requirements.

Next Quiz:

The federal law that governs the creation and operation of pension plans is called:

(a) ERISA
(b) PBGC
(c) The Pension Act of 1968
(d) ESOP

Word of the Day

Fiscal Policy

"Fiscal policy" refers to the federal tax and spending policies set by Congress and/or...

Fiscal Policy

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