Question: A defined-contribution plan, like a 401(k) is a plan where the employer makes periodic contributions but makes no promise about what benefit might result from

A defined-contribution plan, like a 401(k) is a plan where the employer makes periodic contributions but makes no promise about what benefit might result from these contributions O plan where there is a specific contribution made regardless of salary plan where the employer promises a benefit upon retirement bonus plan to be received in retirement
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