Question: In a defined contribution plan, the accrued benefit is the benefit earned to date, using current salary and years of service. The accrued benefit earned

In a defined contribution plan, the accrued benefit is the benefit earned to date, using current salary and years of service. The accrued benefit earned for the year is the additional benefit that has been earned based upon the current year

s salary and service.

Group of answer choices

. 1

only.

. 2

only.

.

Both

1

and

2 .

.

Neither

1

nor

2 .

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