katillipree
Answered

Complete the sentence with the correct information. One of the big advantages to a 401(k) plan is that ______.

A401(k) plans are rare enough that they are very valuable
Bthe plan automatically increases in value by 500%
Cyou don’t have to pay into a 401(k) with your own money
Dthe amount you contribute reduces your taxable income

Verified Answer :

d. the amount you contribute reduces your taxable income

A 401(k) is a retirement savings plan sponsored by an employer. It lets workers save and invest a piece of their paycheck before taxes are taken out. Taxes aren't paid until the money is withdrawn from the account.

JazminC

Answer:

d. reduces your taxes income

Explanation:

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