Question: How are contribution made to a defined contribution pension plan? A . Individuals make a lump sum contribution at the end of the year. B
How are contribution made to a defined contribution pension plan?
AIndividuals make a lump sum contribution at the end of the year.
BIndividuals decide when and how much they will contribute to the plan on an ad hoc basis.
CEmployees and employers make variable contributions to the plan to sufficiently fund predetermined benefits.
DEmployees and employers make predetermined contributions to the plan.
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