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FP$515$ OnDemand Retirement Savings and Income Planning $$

Question $12$ of $85$

Question ID: $1528068$

Which of these is a characteristic of a traditional defined benefit plan?

A$)$ The plan is less complex, both in operation and design.

B$)$ Defined benefit plans can encourage early retirement

C$)$ The plan specifies the contributions made on behalf of the employee.

D$)$ The plan assigns the risk of preretirement inflation, investment performance, and adequacy of retirement income to the employee.

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