A defined benefit plan allows a specified amount of pretax dollars to be used to pay for qualified expenses,including health care and childcare.

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A defined benefit plan is a type of pension plan where an employer promises a specified pension payment, lump-sum (or combination thereof) on retirement that is predetermined by a formula based on the employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns. The description given refers more closely to a flexible spending account (FSA) or similar plans.

A Defined Benefit Plan Allows a Specified Amount of Pretax