If your retirement income from your employer's retirement plan depends on the performance of the pre-tax investments that you and your employer have made over time, then your employer's plan is a
A. defined benefit plan.
B. calculated retirement plan.
C. Social Security plan.
D. defined contribution plan.
Answer: D
Economics
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A worker's "real" wage is related to:
a. his productivity in the workplace. b. the value of his production to his employer. c. the nation's absolute advantage in production of that product. d. his productivity in the workplace, the value of his production to his employer, and the nation's absolute advantage in production of that product.
Economics
A game in which both players want to coordinate, but each player prefers coordinating on a different outcome is called
A) an assurance game. B) a pure coordination game. C) a battle of the sexes game. D) a chicken game.
Economics