Which of the following statements regarding defined contribution plans is false?
A) Employers bear investment risk relating to the plan.
B) Employees immediately vest in their contributions to the plan.
C) Employers typically match employee contributions to the plan to some extent.
D) An employer's vesting schedule is used for employers' contributions in determining the amount of the plan benefits the employee is entitled to receive on retirement.Employees,not employers,bear the investment risk associated with the plan.
Correct Answer:
Verified
Q45: Which of the following statements concerning nonqualified
Q46: Which of the following statements is true
Q47: Shauna received a $100,000 distribution from her
Q48: Jenny (35 years old) is considering making
Q49: Which of the following is true concerning
Q51: Which of the following statements regarding Roth
Q52: Which of the following statements regarding contributions
Q53: Shauna received a distribution from her 401(k)
Q54: Heidi has contributed $20,000 in total to
Q55: Which of the following statements comparing qualified
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents