Question: In a private defined benefit pension plan the __________ bears the investment risk, and in a private defined contribution plan the __________ bears the investment

In a private defined benefit pension plan the __________ bears the investment risk, and in a private defined contribution plan the __________ bears the investment risk.

Multiple Choice

A. plan sponsor; U.S. government

B. U.S. government; plan sponsor

C. plan sponsor; employee

D. employee; plan sponsor

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