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Explain both types of plans - including the risk factor

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Reference no: EM132932256

Problem 1: You are now 50 years old. What should be your major financial planning priority at this stage of your life cycle?

Problem 2: The organization that you are working for has two different company pension plan options to choose from - the Defined Benefit Pension Plan or the Defined Contribution Plan. Explain both types of plans - including the risk factor of each one and which plan you will choose.

Reference no: EM132932256

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