Which of the Following Is Typically a Characteristic of a Defined

question 13

Multiple Choice

Which of the following is typically a characteristic of a defined contribution plan?

• A) Employer-guaranteed retirement benefit
• B) No employee contributions
• C) No federal guarantee of benefits
• D) Retirement benefit computed based on an age, wage, and years of service formula
• E) Benefit options limited to lifetime annuity

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Definitions:

Alcohol

A psychoactive substance, commonly found in drinks such as beer, wine, and spirits, that can lead to intoxication and various health effects.

Drug Abuse

The habitual misuse of drugs, leading to negative impacts on one’s health, social, or occupational life.

Partner Violence

Refers to physical, sexual, or emotional abuse by one person in an intimate relationship against the other partner.

Screening

The process of evaluating or testing something or someone for a specific purpose, such as detecting a disease or assessing suitability for a task.