Why Do Employers Currently Choose the 401(k),401(a),or 403(b)plan Rather Than

Multiple Choice

Why do employers currently choose the 401(k) ,401(a) ,or 403(b) plan rather than a traditional defined benefit pension plan?

A) Employers receive increased incentives to offer these plans and they carry substantially reduced risk.
B) There are guaranteed benefits for employees and the employer bears no risk of investment under these plans.
C) These plans ensure that if the company fails,the accrued pension benefits will nevertheless be paid.
D) Under these plans,employers have 40 years to fully fund an underfunded plan.