One of the reasons employers prefer to offer employees a 401k plan retirement plan (defined contribution) instead of a pension plan (defined benefit) retirement plan is that defined contribution plans transfer the investment risk of the plan to the employee. Read the Regardless of your Major on page 20. Then watch the two supplemental videos (1) CFA Level IFRA-Defined contribution vs defined benefit plan and (2) What is Risk Tolerance Title your discussion forum as your last name_DF2. For example, my forum would be titled Winchester_DF2. In your properly titled (2 points) forum you will need to address the following: 1. In a defined contribution plan, what is being contributed? And who is contributing it? (5 points) 2. In a defined benefit plan, why is the benefit referred said to be defined. (5 points) 3. From the employee's perspective, which plan has the greatest risk? What makes it risky - be sure to include the definition of risk provided in the mini talks 4. If you had to choose between a detined benefit or a defined contribution plan, which would you choose and based on the information presented in the video concerning risk tolerance and the retirement plan you chose, are you risk tolerant or risk averse? Explain. (5 points) s. In a defined contribution plan, the employee must make the investment decisions and take on all the investment risk regardless of their financial knowledge, career, or financial experience. Does this seem reasonable, why or why not? (10 points) 6. Grammar, mechanics, organization, professionalism (3 points) Reply to at least two of your colleagues. Replies that do not foster conversation, add value, or bring new insights will gamer no (0) points. Let's keep talking! (10 points) One of the reasons employers prefer to offer employees a 401k plan retirement plan (defined contribution) instead of a pension plan (defined benefit) retirement plan is that defined contribution plans transfer the investment risk of the plan to the employee. Read the Regardless of your Major on page 20. Then watch the two supplemental videos (1) CFA Level IFRA-Defined contribution vs defined benefit plan and (2) What is Risk Tolerance Title your discussion forum as your last name_DF2. For example, my forum would be titled Winchester_DF2. In your properly titled (2 points) forum you will need to address the following: 1. In a defined contribution plan, what is being contributed? And who is contributing it? (5 points) 2. In a defined benefit plan, why is the benefit referred said to be defined. (5 points) 3. From the employee's perspective, which plan has the greatest risk? What makes it risky - be sure to include the definition of risk provided in the mini talks 4. If you had to choose between a detined benefit or a defined contribution plan, which would you choose and based on the information presented in the video concerning risk tolerance and the retirement plan you chose, are you risk tolerant or risk averse? Explain. (5 points) s. In a defined contribution plan, the employee must make the investment decisions and take on all the investment risk regardless of their financial knowledge, career, or financial experience. Does this seem reasonable, why or why not? (10 points) 6. Grammar, mechanics, organization, professionalism (3 points) Reply to at least two of your colleagues. Replies that do not foster conversation, add value, or bring new insights will gamer no (0) points. Let's keep talking! (10 points)