True
Offering a tax-advantaged retirement plan to employees has two primary advantages: attraction and retention.
What do you mean by Retirement planning?
It refers to the distribution of savings or revenue towards retirement in a financial setting. Retirement planning is to achieve financial independence.
As a result, financial consultants frequently advise retirees to have a source of income that provides approximately 70% of their salary while working in order to live comfortably after retirement.
To learn more about Retirement planning
https://brainly.com/question/28128413
#SPJ4
