1. A traditional pension plan in which you receive a promised payout at retirement.

2. A retirement plan in which the employer provides all of the funding and employees do NOT put their own money into the plan.

3. A type of retirement plan where both the employee and employer can/do put money into the plan.

4. A retirement plan provision that allows you to take your account balance with you if you leave your current employer and go to another employer.

5. A retirement plan provision creating a schedule upon which benefits placed into the retirement plan by the employer actually become wholly owned by the plan participant.

[ Choose ] Contributory retirement plan Portability Noncontributory retirement plan Vesting Defined-benefit plan

Answer rating: 100% (QA)

Heres the matching between the descriptions and the terms A traditional pensi... View the full answer