In a ________ Plan,the Employer Puts in a Specific Amount

question 145

Multiple Choice

In a ________ plan,the employer puts in a specific amount and employees may contribute additional funds.Payout depends on the success of the investments in the retirement plan.

• A) pension
• B) defined contribution
• C) portable benefit
• D) defined benefit

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Definitions:

Work Ethic

A set of values based on the principles of diligence and hard work.

Electronic File

A digital document stored on a computer or network that can contain text, images, or other data.

Assignments

Tasks or projects given to someone as part of their job or academic work.

First Impression

The initial perception or judgment formed about something or someone before acquiring additional information.