What is the main problem associated with defined benefits plans?
A) lack of employer matching
B) lack of portability
C) highly regulated
D) highly taxed

Question

Quizplus · Accepted Answer

One problem with defined benefits plans is that to get your maximum pension, you generally must stay with your employer until you retire-the formula, recall, takes the number of years you work into consideration. With defined contribution plans, your pension is more portable-you can leave with it at any time, perhaps rolling it over into your next employer's pension plan.

What Is the Main Problem Associated with Defined Benefits Plans