HRM 324 Week 4 Assignment Help | University Of Phoenix
- University of Phoenix / HRM 324
- 08 Oct 2020
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HRM 324 Week 4 Assignment Help | University Of Phoenix
Retirement Plan Selection
A new employee joins your company at
age 24 making $40,000 per year. Currently, banks are paying 5% interest
on saving accounts, and the rate of return on the company stock is 4% per year.
During benefits enrollment, the employee stated that she would like to
retire at age 60 with 3 million dollars in her retirement account.
Compare the following
retirement options for this particular employee in 1,050 to 1,400 words:
- 403B
- 401K
- Pension
- Annuities
- IRA
- Estate planning
Determine which
retirement option(s) you would choose if you were this employee.
Assess the factors
that this employee should consider when selecting a retirement plan.
Format your paper
consistent with APA guidelines.
USA 
India