Asked by

Shunquala Robinson
on Nov 04, 2024

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Which of the following investments allows the investor to choose how to allocate assets?

A) Variable Life insurance policies
B) Keogh plans
C) Personal funds
D) Tax-qualified defined contribution plans
E) All of the options are correct.

Variable Life Insurance

A type of life insurance where the cash value and death benefit vary based on the performance of investments chosen by the policyholder.

Keogh Plans

Tax-deferred pension plans for self-employed individuals or unincorporated businesses, allowing for contributions to be made towards retirement savings.

Defined Contribution Plans

Pension plans in which the employer is committed to making contributions according to a fixed formula.

  • Forecast retirement savings accumulation using designated investment methodologies.
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LR
Lydializ RiveraNov 07, 2024
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