Question: Determine which details are from a Defined Benefit (DB) plan and a Defined Contribution (DC) Plan Question 10 options: 12 Employers are increasingly unwilling to

Determine which details are from a Defined Benefit (DB) plan and a Defined Contribution (DC) Plan

Question 10 options:

12

Employers are increasingly unwilling to bear the risk of ___________ plans

12

Today, approximately one-fourth of workers covered by pension plans are covered by _______________ plans

12

Promises fixed annual payments after a certain time and age that last until you die

12

Today, approximately three-fourths of workers covered by pension plans are covered by ________________ plans

12

With _________________ plans, the company's obligation ends when contributions are made

12

Cannot be withdrawn until age 59.5 without penalty

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