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nisha nisha
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7 months ago
XYZ Corp is looking into providing a retirement plan for their employees. They would prefer a plan wherein they (the employer) make a benefit promise, and the actual benefit depends on the performance of an investment account kept on behalf of the plan participant. Which type of retirement plan should they purchase?

▸ Pension plan

▸ Defined-contribution plan

▸ Defined-benefit plan

▸ Cash-balance plan
Textbook 
Personal Finance

Personal Finance


Edition: 2nd
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rl679rl679
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7 months ago
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nisha Author
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7 months ago
Brilliant
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Yesterday
Helped a lot
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2 hours ago
Thanks for your help!!
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