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In a Defined Contribution Plan, the Plan Sponsor Is Responsible

Question 14

Multiple Choice

In a defined contribution plan, the plan sponsor is responsible for making:


A) Specified contributions into the plan on behalf of qualifying participants.
B) Specified payments to the employee after retirement.
C) Variable payments linked to an index such as the CPI.
D) Both a and b.
E) Both b and c.

Correct Answer:

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