A Defined Contribution Plan Is a Retirement Plan Where

question 29

Multiple Choice

A defined contribution plan is a retirement plan where:

• A) the benefits payable to a participant are based on the principal and income contributed.
• B) the amount an employee receives at retirement is specifically designated at the time the employee enters the plan.
• C) contributions made by an employee toward the plan are determined actuarially.
• D) contributions toward the plan generally only come from an employer.

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Definitions:

Exceptions

Instances or occurrences that do not follow a general rule or pattern.

Authoritarian Parent

A parenting style characterized by high demands and low responsiveness, where parents enforce strict rules and expect obedience without questioning.

Permissive Parent

A parenting style characterized by low demands with high responsiveness, where parents are lenient and may avoid setting boundaries.

Uninvolved Parent

A parenting style characterized by a lack of responsiveness to a child's needs, marked by minimal communication and limited emotional involvement.