Solved

A Retirement Plan in Which the Employer Develops a Program

Question 41

Multiple Choice

A retirement plan in which the employer develops a program that identifies how much a retiring employee will receive each month for the remainder of his or her life.


A) payout plan
B) individual account plan
C) defined benefit plan
D) defined contribution plan

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents