What insurance plan : a plan that earns tax-deferred interest income and has high risk

A retirement plan is an insurance plan that earns tax-deferred interest income and has a high risk.  Three types of tax-deferred income plans are 401(k), 403(b) and IRA(s). Tax-deferred interest allows money to be put into these accounts pre-taxed, so there is a larger amount of money actually going into the accounts. These plans are set to accumulate interest and are used as retirement plans.

answer; the above statement is half right, but mayo was not known as the father of scientific management..so the above is ( w taylor was known as the father of scientific

previous business sales - c.