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Which is typically a characteristic of defined benefit plan

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Reference no: EM132961025

Problem 1: Which of the following is typically a characteristic of a defined benefit plan?

A. Employer funded with federal rules setting the amounts that employers must contribute
B. Employee contributions generally required
C. No federal guarantee of benefits
D. Employee-managed investments
E. Account balances transferable to IRAs

Reference no: EM132961025

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