In a __________ plan, the employee usually makes some investment decisions for funding the pension, often choosing from a collection of mutual funds, rather than having a full range of options.

Question

Quizplus · Accepted Answer

In a defined contribution plan, the employee often has some control over investment decisions, typically choosing from a selection of mutual funds, which contrasts with defined benefit plans where the employer promises a specific payout at retirement.

In a __________ Plan, the Employee Usually Makes Some Investment