In a______________ plan the employer makes an annual payment to an employee's pension account.
A)vested
B)defined-benefit
C)non-contributory pension
D)defined-contribution

Question

Quizplus · Accepted Answer

In a defined-contribution plan, the employer makes annual contributions to an employee's pension account, which is then invested to provide retirement income. The amount of retirement income is determined by the total contributions and the investment performance of the account.

In A______________ Plan the Employer Makes an Annual Payment to an Employee's