Statements concerning defined-contribution plans

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Reference no: EM1340249

Which of the following statements concerning defined-contribution plans is correct?

A. The employee assumes the risks of investment performance and adequacy of retirement income.

B. They provide a benefit that has an uncertain cost to the employer.

C. They provide employees with pre-retirement inflation protection.

D. When a participant changes jobs, benefits are less portable than they would be with a defined-benefit plan.

Reference no: EM1340249

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