Short paper-creating a matrix

Reference no: EM131065141

7 - 4 Short Paper: Creating a Matrix

What are the primary differences between a defined benefit plan and a defined contribution plan? In a brief essay, create a matrix and include discussion about the following questions:

Who bears the risk of investment?
What are the actuarial complexities?
What is fixed, contributions or benefits?
Are there separate accounts?
Is the plan insured?
Is the plan better for older or for younger employees?

Reference no: EM131065141

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