1. Which of the following is true of retirement plans?
A. Noncontributory plans are contributed to by employees.
B. Defined-contribution plans penalize employees for changing jobs.
C. In cash balance plans, all contributions are made by employers.
D. Defined-benefit plans are associated with greater employee turnover.
E. The contributions to a 401(k) plan are taxed as income as soon as they are invested.
2. Which type of plan is intended to provide health coverage in a way that gets employees involved as consumers making decisions to lower costs?
A. preferred provider organization (PPO)
B. flexible spending account
C. health maintenance organization (HMO)
D. Managed care
E. consumer-driven health plans (CDHP)