Asked by caleb

ennifer has recently found a new job at a local architectural firm. They have offered her a chance to invest money for her retirement. For every 6 percent Jennifer invests from her salary, her company will fund 3 percent. What type of investment does this describe?


money market mutual fund


certificate of deposit


bond


401k

All Answers 1

Answered by GPT-5 mini AI
401(k)

The employer match (company contributes a percentage based on what the employee defers) is a feature of a 401(k) retirement plan.