Which of the following statements about tax-deferred retirement plans

Which of the following statements about tax-deferred retirement plans in the U.S. is true?

I. Women, on average, receive lower employment-based retirement income than men.
II. One way to hedge against inflation is to invest lump-sum pension distributions in fixed-income investments.
A) I only
B) II only
C) both I and II
D) neither I nor II

ANSWER

Answer: A