User Account

All Pages

Compare the retirement options for the particular employee

Assignment Help HR Management
Reference no: EM131948997

Question: 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 dollars 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 that this employee should consider when selecting a retirement plan.

Format your paper consistent with APA guidelines.

Reference no: EM131948997

Questions Cloud

Summarize a peer-reviewed journal article : Search the health care literature and summarize a peer-reviewed journal article published within the last five years.
How do the cash flows of the time one perpetuity : How do the cash flows of the time 1 perpetuity compare to those of the time 0 perpetuity from time 1 on?
Budgeting the two approaches are appropriation and budget : In public budgeting the two approaches are appropriation and budget. Appropriations are simpler to prepare and understand.
Possible pros and cons for genetic screening : Do you agree that some state mandate pre-marriage genetic testing? Why? Explain and support your answer.
Compare the retirement options for the particular employee : 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.
Which theory is more persuasive : Which theory is more persuasive? Thomas Sowell argues that disarmament led to WWII rather than diffuse it in Intellectuals and Society what do you think?
What is the fiscal health of the united states : What is the fiscal health of the United States and what is the fiscal health of one other country? Please provide the authentic solution of this problem.
Describe the various types of management careers : Describe the various types of management careers that can be offered within each industry (lodging, and food and beverage)
Discuss the strengths and drawbacks of hr strategy : Think about an organization where you have worked. Select one of the HR strategies presented in the video: How can Strategic Human Resource Management (SHRM).

Reviews

Write a Review

HR Management Questions & Answers

  Improve problem solving capabilities within organization

Types of teams as to their effectiveness that will improve problem solving capabilities within organizations.

  Influence tactics help in reducing organizations politics

Explain the different types of influence tactics that will be of a help “if adopted” in reducing the organizational politics.

  Report on citigroup''s hr service level agreement

Human Resources or Human Resource Management deals with HR Service Level Agreement. HR Service Level Agreement is an agreement made between the employer and the employee, which states that the employee would work under any client and sometimes any ti..

  A project report on hrm

Human Resource Management as the name suggests, it is a management discipline which deals with the human i.e. the workforce aspect of organizations. Need and practices of HRM are inevitable in present scenario of extreme competition where "Talent War..

  Hrp: recruitment and selection

Recruitment and Selection is the initial ladder of any Human Resource Planning process and contains an immense significance for any organisation.

  A project report on study of statutory complainces

Statutory compliance and its immense knowledge are crucial to be understood in an organization. It contains all the forms, procedures and acts applicable in a company.

  Operant conditioning and Reinforcement

Operant conditioning is a learning process where behaviour is controlled by its consequences. In this process an individual's behaviour can be modified through the use of positive or negative reinforcement.

  Effectiveness of training programs in achieving customers an

The main motive for conducting this research is to provide broad range of research of the literature and their reviews related to training and development and assisting the employees in providing customers satisfaction.

  A critical analysis of hr processes and practices in fedex c

FedEx is illustrious for its novel HR processes and practices that have greatly accounted for its success.

  Integrating culture and diversity in decision making

People in the organization are known as Google where they share common goals and have common vision.

  Impact of employee attrition on people management in organis

Talent management implies recognizing a person's inherent skills, traits, personality and offering him a matching job.

  Labour dissonance at maruti suzuki india limited: a case stu

This Case Study focuses on various issues related to Labour Unrest at Maruti Suzuki India Limited.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd