Which of the Following Is True of Defined-Contribution Plans

question 7

Multiple Choice

Which of the following is true of defined-contribution plans?

• A) Defined-contribution plans are required by ERISA.
• B) Employers are free from the risk of poor performance of the plans.
• C) The PGBC makes annual contribution of $33 per participant.
• D) They guarantee a specified level of retirement income.
• E) They guarantee higher returns to the employees compared to the defined benefit plans.

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Definitions:

Content Marketing

A strategic marketing approach focused on creating and distributing relevant, valuable, and consistent content to attract and retain a clearly defined audience.

Moments Of Truth

Refers to critical instances where customers interact with a brand, product, or service, which can significantly influence their perception and future decisions.

Customer-Brand Encounters

Interactions between a customer and a brand that can influence the customer's perception and loyalty towards the brand.

Media Investments

Financial commitments made in various media channels, such as television, digital, print, and radio, for the purposes of advertising and marketing.