Your friend Sonia says pensions and 401(k)s are the best retirement options because they offer you “free money.” What does she mean by this? Does she have a good point? Why or why not?

Answers with Explanations:

1. What does she mean by this?

Sonia probably meant that the pension and 401(k) are the best retirement options because it gives the person money that is literally "free." She never considered that these plans are not really for free but are intended to fund their retirement.

2. Does she have a good point? Why or why not?

Basically, the pension and 401(k) are "not free money." So, I guess Sonia doesn't have a good point on that. The pension (occupational pension) and 401(k) are "defined-benefit plans" and "defined-contributions plans" which are deferred from tax.

This means that the person can contribute an amount of money to those plans and they can be withdrawn tax-free after retirement. This is basically, a form of savings plan for the person so it is not literally for "free."

i would go with get a bachelor’s degree

hope i

-lavira : )

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

hope this