Which of the Following Types of Retirement Plans Is Becoming

question 68

Multiple Choice

Which of the following types of retirement plans is becoming less common?

• A) traditional defined contribution
• B) traditional defined benefit
• C) cash balance
• D) 401(k)
• E) Keogh

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Definitions:

Deindividuation

The loss of self-awareness and individual accountability in group settings, leading to uninhibited and sometimes antisocial behavior.

Self-Awareness

Insight into one's own persona, emotions, driving forces, and yearnings.

Self-Restraint

The ability to control impulses and delay immediate gratification for longer-term benefits.

Group Discussion

A structured conversation or meeting focused on a particular topic, where multiple individuals share ideas, suggestions, and opinions.