Defined-contribution plan what is a defined contribution


1. Defined-Benefit Plan. What is a defined-benefit plan? What is vesting? What does it mean to be fully vested?

2. Defined-Contribution Plan. What is a defined contribution plan? Why are some employers switching to this type of plan? List some of the benefits a defined-contribution plan offers to employees.

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Finance Basics: Defined-contribution plan what is a defined contribution
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