Retirement Plans: 401(k)s, IRAs, and Other Deferred Compensation Approaches 11th Edition by Everett Allen,Joseph Melone,Jerry Rosenbloom,Dennis Mahoney

تمرين 8

Prepare a graph similar to the ones created in the preceding question for an employee participating in a defined contribution plan providing a contribution of 6 percent of compensation, and compare your results with the previous graphs. What conclusions can you draw about the allocation of employer contributions under a defined contribution plan vis-a -vis those of a defined benefit plan What implications do these conclusions present for the retention of older employees