Morgan State University Retirement Financial Plan Research Paper Assignment Content Resource: Retirement Plan Selection Grading Guide A new employee joins

Morgan State University Retirement Financial Plan Research Paper Assignment Content
Resource: Retirement Plan Selection Grading Guide
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 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 this employee should consider when selecting a retirement plan.
Format your paper consistent with APA guidelines.
Submit the assignment.
Resources:
Center for Writing Excellence
Reference and Citation Generator
Grammar and Writing Guides

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