SIE Exam Practice Question 953

Question: 953

Which of the following are permitted investments in a 403(b) plan?

(1) Mutual funds

(2) Bond funds

(3) Treasury bills

(4) Life insurance that is incidental to an annuity contract

Correct Answer: C

Explanation:

Mutual funds, bonds funds, and life insurance that is incidental to an annuity contract are permitted investments in a 403(b) plan.

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