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Defined Contribution Plan

A company retirement plan in which the employee elects to contribute some portion of his or her salary into a retirement plan, such as a 401(k) or 403(b). With this type of plan, the employee bears the investment risk. The benefits depend solely on the amount of money made from investing the employee's contributions. Defined contribution plan capital cannot be invested in private equity funds.

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Finance & Investment

Categoría: Business

Cantidad total de términos: 319

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  • kirb
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