In ____ plans,employees control the assets in their accounts are invested.

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In defined-contribution plans, employees have control over how the assets in their individual accounts are invested, and the benefits received at retirement depend on the investment returns earned on those assets. This is in contrast to defined-benefit plans, where the employer is responsible for providing a specified benefit amount to employees at retirement. Pension and cash-balance plans are both types of defined-benefit plans.

In ____ Plans,employees Control the Assets in Their Accounts Are