Which of the Below Statements Is TRUE

question 28

Multiple Choice

Which of the below statements is TRUE?

• A) An insured plan is always safer than a noninsured plan.
• B) A federal agency, the Pension Benefit Guaranty Corporation (PBGC) does not insure the vested benefits of participants.
• C) Defined benefit plans that are guaranteed by life insurance products are called insured benefit plans.
• D) A plan sponsor establishing a defined-benefit plan cannot use the payments made into the fund to purchase an annuity policy from a life insurance company.

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Definitions:

Not Highly Scientific

A term describing approaches, methods, or theories that lack a strong basis in systematic empirical evidence or rigorous scientific methodology.

Safety Needs

According to Maslow's hierarchy of needs, these are basic requirements for security and protection, following physiological needs in priority.

Neurotic Adults

Individuals exhibiting chronic patterns of self-doubt, anxiety, and unrealistic expectations of perfection.

Case Study

An in-depth analysis of a particular individual, group, event, or situation over a period of time.