Question: Question 6 ( 1 point ) Saved The type of retirement plan that defines the amount of money that an employer will invest annually into
Question point
Saved
The type of retirement plan that defines the amount of money that an employer will invest annually into a specific account for each employee is called a:
Cash balance plan
Defined contribution plan
Defined benefit plan
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
