Question

with which of the following plans will you be able to most accurately predict your retirement income?
○ 401(k)
○ defined-contribution plan
○ traditional ira
○ 403(b)
○ defined-benefit plan
question 25 2.27 pts
true or false: an estate represents the assets of a deceased person after all debts are paid.
○ true
○ false

Explanation:

First Question (Retirement Income Prediction)

A Defined - Benefit Plan calculates retirement income based on factors like salary and years of service, with the benefit amount defined in advance, allowing accurate prediction. 401(k), Defined - Contribution Plan, Traditional IRA, and 403(b) have variable returns based on contributions and investments, making prediction less accurate.

An estate of a deceased person is the net worth, which is the assets remaining after all debts (liabilities) are settled. So the statement is True.

Answer:

E. Defined - Benefit Plan

Second Question (Estate Definition)