Defined benefit and a defined contribution pension plan
Differentiate in brief a defined benefit and a defined contribution pension plan.
Expert
In the defined benefit plan, retirement benefits are recognized by a formula which generally considers the worker's salary, age, and years of service. The employee and/or the firm contribute the amounts essential to reach the goal. In a defined contribution plan, the contributions to be done by the employee and/or employer are spelled out, however retirement advantages based on the total accumulation in the individual's account at the date of retirement.
What is Generalized Auto Regressive Conditional Heteroscedasticity?
When the quantitative finance is disrepute?
If Fiat ADRs were trading at $35 while the underlying shares were trading in Milan at EUR31.90, what could you do to make a trading profit? Employ the information in problem 1, above, to help you and suppose that transaction costs are negligible.
How is a Sharpe ratio maximized? Answer: Choosing the portfolio which maximizes the Sharpe ratio, will provide you the Market Portfolio.
If taxable income is 82,900 and filing single, what is tax liability?
What happens if the correlation coefficient for two variables is -1 or 0 or +1?
Opportunity costs affect the capital budgeting decision-making process. Explain.
For equities the standard model is the lognormal model, if there are many more ‘standard’ models within fixed income. Does it matter?
Is volatility constant?
What is the reason that a company would probably not issue $1 million worth of fresh common stock in January to evade all short-term borrowing during the year?
18,76,764
1958010 Asked
3,689
Active Tutors
1443910
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!