Question: For a defined benefit pension ,target payouts can be based on: A. a variable percentage of the participant's average self-employment income of certain number of
For a defined benefit pension ,target payouts can be based on:
A. a variable percentage of the participant's average self-employment income of certain number of years near the end of his career
B. a variable monthly dollar amount
C. a formula based on the employer's annual profits
D. a formula based on the participant's years of service
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