Which Is An Example Of A Defined Contribution Retirement Plan?

  1. 11783 POINTS
    Contact Me
    Larry GilmorePRO
    Agent Owner, Gilmore Insurance Services, Marysville, Washington State
    which is an example of a defined contribution plan?   I'm starting to wonder if I am helping someone with their exams with these questions.. :)  the simplest most commonly known example is going to be a 401(k) plan. The employer "contributes" into the employee's retirement account, but bears little responsibility for the results outside of fidicary responsibility for investment choices including a safe harbor.
    Answered on June 4, 2013
    +0
    1 Thumb up 0
    +1 this answer
    flag this answer
    2. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>