A(n) ________ retirement plan is one in which the company will contribute shares of company stock into the employee's account in place of a cash contribution- The employee does well if the company stock appreciates in value, but can suffer dramatically if the stock depreciates in value.

Retirement planning refers to financial strategies of saving, investments, and ultimately distributing money meant to sustain oneself during retirement. Many popular investment vehicles, such as individual retirement accounts (IRAs) and 401(k)s, allow retirement savers to grow their money with certain tax advantages.