Question

Rania is twenty-five years old and just started a new job where she makes enough money to cover all of her expenses with some money left over. Her employer offers a retirement plan that will invest a portion of her salary if Rania chooses to join the plan. What should Rania do and why?

She should join the retirement plan because it is important to invest money so that it will grow.
She should join the retirement plan because her money will be easier to access than if it is in a bank.
She should not join the retirement plan because her money will grow faster in a savings account.
She should not join the retirement plan because she might need the money in an emergency.

Answer 1

she should join the retirement plan because it is important to invest so that it will grow

Step-by-step explanation:

it's not easier to access, you get penalized if you withdraw, thus retirement plan. money in banks make practically no interest. she has money left over, so she's set for an emergency