A Contingent Deferred Sales Load Is Known as a

question 26

Multiple Choice

A contingent deferred sales load is known as a

• A) Back-end load.
• B) B fund.
• C) Redemption fee.
• D) None of these are correct.
• E) A, B, and C are all correct.

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Definitions:

Retirement Benefit Program

A financial support plan provided by employers or governments to employees after they retire from active work.

Dental Coverage

A type of health insurance that covers a portion of the costs associated with dental care, including routine checkups, cleanings, x-rays, and certain procedures.

Flexible Benefit Plans

Benefits programs that allow employees to choose from a range of options to create a package that best suits their needs and lifestyle.

Benefit Costs

The expenses borne by employers for the non-wage compensations provided to employees, such as health insurance, pensions, and paid leave.