In a/an ____ plan the employer makes an annual payment of a predetermined amount into an employee's pension account.The retiree's payout will vary depending on the investment returns of the pension account.

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A defined-contribution plan is one in which the employer makes an annual payment of a predetermined amount into an employee's pension account. The retiree's payout will vary depending on the investment returns of the pension account.

In A/an ____ Plan the Employer Makes an Annual Payment