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A Defined Contribution Pension Plan Encourages Employees to Contribute a Portion

Question 69

Multiple Choice

A defined contribution pension plan encourages employees to contribute a portion of their earnings to the fund with an employer contribution that is matched to that of the employee in whole or part is called a(n) ________.


A) savings and thrift plan
B) matching plan
C) deferred profit-sharing plan
D) employee stock ownership plan

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