Question: Describe the difference between an insured pension fund and a
Describe the difference between an insured pension fund and a noninsured pension fund. What type of financial institutions would administer each of these?
Relevant QuestionsDescribe the difference between a defined benefit pension fund and a defined contribution pension fund.Describe the “pay as you go” funding method that is used by many federal and state or local government pension funds. What is the problem with this method that may damage the long- term viability of such funds?Your employer uses a flat benefit formula to determine retirement payments to its employees. The fund pays an annual benefit of $ 2,500 per year of service. Calculate your annual benefit payments for 25, 28, and 30 years of ...An employee contributes $ 15,000 to a 401(k) plan each year, and the company matches 10 percent of this annually, or $ 1,500. The employee can allocate the contributions among equities (earning 12 percent annually), bonds ...The sales literature of a mutual fund claims that the fund has no risk exposure since it invests exclusively in default risk-free federal government securities. Is this claim true? Why or why not?
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