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Author Question: Which type of plan balances the risk an employee takes while saving for retirement? A) defined ... (Read 125 times)

Redwolflake15

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Which type of plan balances the risk an employee takes while saving for retirement?
 
  A) defined benefit plan
  B) cash balance plan
  C) pension equity plan
  D) defined contribution plan

Question 2

Maura's retirement plan requires her employer to make specific contributions to a retirement fund established for Maura. Which type of plan does Maura most likely have?
 
  A) defined contribution plan
  B) deferred contribution plan
  C) defined benefit plan
  D) deferred salary plan



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cam1229

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Answer to Question 1

Answer: B

Answer to Question 2

Answer: A





 

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