Which of the Following Is a Feature of Defined Contribution

question 19

Multiple Choice

Which of the following is a feature of defined contribution plans?

• A)They are faster to vest than defined benefit plans.
• B)They are characterized by high contribution rates.
• C)They are less portable than defined benefit plans.
• D)They are fully funded by employers.

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Definitions:

Sincere Desire

A genuine and earnest wish or aspiration to achieve a particular outcome or goal.

Approach Techniques

Specific methods or tactics used by sales professionals to initiate contact and build rapport with potential customers.

Sales Presentation

A structured pitch or demonstration aimed at persuading a prospect to purchase a product or service.

Use Of Technology

The application and integration of technological tools and systems to improve processes, operations, or outputs in various contexts.