Malcolm Is Interviewing for a New Job and He Is

question 66

Multiple Choice

Malcolm is interviewing for a new job and he is evaluating the quality of the pension plans offered for each company he is considering. One company offers a pension plan in which the company will make all contributions to the plan and will base his pension benefit on a formula linked to his pay at the time of retirement and the number of years he was with the firm. This pension plan is most likely classified as ________.

• A)qualified, defined benefit
• B)non-contributory, defined benefit
• C)non-contributory, defined contribution
• D)contributory, defined benefit

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The achievement of educational goals, such as high grades or the acquisition of knowledge and skills.

Computer Lab

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