The Amount of Benefits Received at Retirement from Your Defined

question 112

Multiple Choice

The amount of benefits received at retirement from your defined contribution retirement portfolio will depend on:

• A) the age at which you begin contributing.
• B) the amount of money you deposit each month.
• C) the rate of return on your savings.
• D) all of the above
• E) none of these really make much difference.

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Definitions:

Heteronomy

The condition of being influenced, controlled, or governed by external forces or other people, as opposed to autonomy.

Level II

A term that can refer to various stages of progress, proficiency, or achievement in different contexts, requiring further specificity to define accurately.

Authority

The power or right to command, create, change, or otherwise act. The successful leader uses both formal and informal authority to accomplish goals.