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Which of the following statements is true regarding 401(k) accounts?a) employees are not allowed to match employee contributions. b) benefits are capped at $401,000c) workers can take a distribution f

Which of the following statements is true regarding 401(k) accounts?

a) employees are not allowed to match employee contributions.

b) benefits are capped at $401,000

c) workers can take a distribution from a 401(k) at any time with no penalty

d) workers can save for retirement and defer incline taxes on the savings

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