Question

4 which of the following are employers not required by government to offer to employees?

401k contributions
unemployment insurance
workers compensation
social security

Explanation:

Identify legally mandated benefits

Using the Unemployment Insurance and Workers Compensation knowledge points

• Unemployment Insurance: Federal and state laws require employers to pay taxes that fund unemployment benefits for eligible workers who lose their jobs.
• Worker's Compensation: State laws mandate that employers provide insurance coverage to pay for medical care and lost wages for employees injured on the job.
• Social Security: The Federal Insurance Contributions Act (FICA) legally requires employers to contribute to and withhold taxes for Social Security.

Identify voluntary employer benefits

Using the 401k Plans knowledge point

• 401k Contributions: Offering a 401k retirement plan and matching contributions is a voluntary benefit. Employers use it to attract talent, but no federal or state law requires them to offer it.

Answer:

• (A) 401k contributions (Correct answer)
• (B) Unemployment insurance
• (C) Worker's compensation
• (D) Social security