Over the last two decades,the defined-benefit plan has continued to grow rapidly while the number of defined-contribution plans has generally dropped.

Question

Quizplus · Accepted Answer

Over the last two decades, the trend has been the opposite: defined-contribution plans, like 401(k)s, have become more common, while the prevalence of defined-benefit plans, such as traditional pensions, has declined.

Over the Last Two Decades,the Defined-Benefit Plan Has Continued to Grow