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Which of the Following Characteristics Describes a Defined Benefit Plan

Question 20

Multiple Choice

Which of the following characteristics describes a defined benefit plan?


A) Subject to PBGC plan termination insurance rules.
B) An account for each participant is not established.
C) Defines the amount the employer is required to contribute.
D) Only a. and b.
E) a., b., and c.

Correct Answer:

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