Which of the Following Statements Regarding Defined Contribution Plans Is

question 16

Multiple Choice

Which of the following statements regarding defined contribution plans is false?

• A)Employers bear investment risk relating to the plan.
• B)Employees immediately vest in their contributions to the plan.
• C)Employers typically match employee contributions to the plan to some extent.
• D)An employer's vesting schedule is used for employers' contributions in determining the amount of the plan benefits the employee is entitled to receive on retirement.

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Definitions:

United States

A country in North America consisting of 50 states and a federal district, known for its diverse population and significant global influence in economic, political, and cultural realms.

Social Construction

The theory that our perceptions of reality are shaped by the collective agreement and language of our society.

Race

A social construct used to categorize humans based on physical characteristics, ancestry, and cultural heritage, often influencing social dynamics and power relations.

Jews

Refers to the members of an ethnoreligious group originating from the Israelites or Hebrews of the ancient Middle East, associated with the religion of Judaism.