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A retiree's future benefit from an employer-sponsored defined-contribution plan is usually based on

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A retiree's future benefit from an employer-sponsored defined-contribution plan is usually based on

A retiree's future benefit from an employer-sponsored defined-contribution plan is usually based on

▸ how much is contributed each year and the number of years of service.

▸ a formula taking into account number of years of service and final earnings.

▸ a formula taking into account number of years of service and average earnings.

▸ how much is contributed each year and the rate of return on invested assets for many years into the future.

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Personal Finance

Edition: 2^nd

Author: Bajtelsmit

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