Match the term with the correct definition or phrase.

Defined Benefit Plan - Choose

Define Contribution Plan - Choose

Profit Sharing - Choose

Section 401(k) Plans - Choose

Keogh Plans - Choose

Choose Options

- Annual contributions are made by the employer that will provide enough to pay specified retirement benefits. Benefits are based upon years of service and employee compensation.

- The annual amount the employer must contribute is defined, and the amount received upon retirement depends on the value of the employee's account.

- Retirement plans for self-employed taxpayers and their employees.

- Established by employer's to allow employees to participate in the profits of the company; employer contributions are not required.

- Employee elects to received cash or amount contributed to a qualified plan, the contribution can be tax or or pre-tax.