a. A strategy offered by the company that will advise employees on how to invest in order to retire
b. A social security coverage that is offered only to employed citizens
c. A type of account offered to employees at very little or no cost
d. A private bank plan that is recommended by the company
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c. A type of account offered to employees at very little or no cost
This option best describes an employer-sponsored retirement plan, such as a 401(k) or similar program, where the employer provides a savings mechanism for employees to save for retirement, often with matching contributions or other benefits.
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