Question: Please answer both questions! 17. A plan does not require the employer to guarantee retirement benefits nor to maintain a minimum level of pension reserves

Please answer both questions!

17. A plan does not require the employer to guarantee retirement benefits nor to maintain a minimum level of pension reserves A) Defined benefit B) Insured pension C) Corporate pension D) Uninsured pension E) Defined contribution 18. A highly risk averse investor in a defined contribution plan should choose what type of investment? A) A fixed income fund B) A variable income fund C) An insured pension fund D) A privately managed fund E) None of the above

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