Which of the Following Types of Retirement Plans Is Becoming

question 107

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

---

Definitions:

Approval Ratings

A statistical measure of the public's approval or support for a political figure or policy.

Barack Obama

The 44th President of the United States (2009-2017) and the first African American to hold the office, known for significant healthcare reform and a comprehensive approach towards global diplomacy.

Healthcare Reform

Efforts and policies implemented to improve, expand, or alter healthcare systems within a country to ensure more accessible, affordable, and quality healthcare services for the population.

Debt Ceiling

A legislative limit on the amount of national debt that can be incurred by the U.S. Treasury, thus limiting how much money the federal government may borrow.