Which of the following pensions does not promise employees a specific retirement benefit?
A) Defined-benefit plan
B) Defined-contribution plan
C) Overfunded plan
D) Underfunded plan
B
Business
You might also like to view...
Which of the following types of life insurance is normally associated with a mortgage loan?
A) Adjustable term B) Level term C) Increasing term D) Decreasing term
Business
The buyer of property at an auction by the tax collector receives
a. a certificate of sale. b. a release of equity. c. a quitclaim deed. d. a tax deed.
Business