A feature of a defined benefit (DB) plan is that _____. there is no advantage in continuing
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Question:
A feature of a defined benefit (DB) plan is that _____.
there is no advantage in continuing to work beyond retirement age because a worker's pension does not increase with additional years
there is no advantage in continuing to work beyond retirement age because employers contribute toward the pension plan
a worker can work beyond retirement age because DB plans do not impose stiff financial penalties on workers who do not retire on time
a large share of the funds provided by this plan can be invested by a worker in the stock market to reap extra benefits
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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