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Mikhail was recently hired at a company that allows him to deduct money from his paycheck to invest in a retirement account. Which type of investment is Mikhail MOST likely participating in?

direct stock plan

401k account

mutual fund

corporate bond

Respuesta :

Answer:

The Correct answer is:

401k account

Explanation:

The type of investment is Mikhail MOST likely participating include option B: 401k account.

What do you mean by 401k account?

A 401k account is a type of retirement fund that is usually set up through a company the account holder works for.

It is a retirement account, and includes retiring planning, investing, and savings.

The intended purpose of a 401k account is to help people save for retirement. The account is funded with per-tax dollars. This is generally applicable on American employees by their employers in to provide tax advantages to the saver.

Therefore, correct option is B.

Learn more about paycheck, refer to the link:

https://brainly.com/question/14229587

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