A ____ Plan Combines Some of the Features of a Defined

question 190

Multiple Choice

A ____ plan combines some of the features of a defined contribution plan with features of a defined benefit plan to produce a plan that is more portable than a traditional defined benefit plan.

• A)SEP
• B)Roth IRA
• C)cash-balance
• D)profit sharing
• E)thrift and savings

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Definitions:

Misconceptions

Beliefs or ideas that are incorrect because they are based on faulty thinking or understanding.

Meaningful Information

Data or facts that are useful, relevant, and significant to the context or subject being discussed.

Professional Image

The perception or image of an individual or organization, shaped by their behavior, appearance, and communication, that reflects their professional competence.

Salary Requirements

The compensation a job applicant expects or requires for a position, usually discussed during the hiring process.