Question

Which of the following paycheck withholdings puts money into a retirement investment fund that you will manage?(5 points)
401(k) contribution

Federal income taxes

Medicare

Answer 1

The withholding that puts money into a retirement investment fund that you will manage is the **401(k) contribution**. This type of withholding allows you to save for retirement, and you have control over how the funds are invested within the 401(k) plan. Federal income taxes and Medicare contributions do not go into a retirement fund you manage; rather, they are used for government funding and services.