Which of the following statements is true regarding 401(k) accounts? a. employers are not allowed to match employee contributions. b. benefits are capped at $401,000. c. workers can take a distribution from a 401(k) at any time with no penalty. d. workers can save for retirement and defer income taxes on the savings.

Workers can save for retirement and defer income taxes on the savings ( D )

Explanation:

401(k) accounts are a kind of retirement account sponsored by employers of labor, for qualified employees of their various companies. this enables employees to save for retirement and also invest without paying income taxes on these savings because deductions to be saved in these accounts  are made before taxes by the employer. early withdrawals by an employee before age 59 from the account by the  attracts a fine of up 10% and taxes are paid on withdrawals from the account.

statement A statement B and statement C are all false because all these aren't characteristics of a 401(k) account