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A ________ Is Similar to Some Types of Defined-Contribution Plans

Question 34

Multiple Choice

A ________ is similar to some types of defined-contribution plans, particularly money purchase plans and profit sharing plans, according to which the employer contributes at a fixed rate but does not guarantee benefit.


A) cash balance plan
B) managerial balance plan
C) defined-contribution plans
D) defined-balance plans

Correct Answer:

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