What are the differences and similarities between a defined contribution plan and a defined benefit plan As an employee would you rather have a defined contribution plan or a defined benefit plan Explain? why As an employer would you rather offer a defined contribution plan or a defined benefit plan Explain why?

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Employersponsored retirement plans are divided into two major categories definedbenefit plans and definedcontribution plans As the names imply a definedbenefit planalso commonly known as a traditional ... View the full answer