Matching Questions
1. A traditional pension plan in which you receive a promised payout at retirement.
2. A retirement plan in which the employer provides all of the funding and employees do NOT put their own money into the plan.
3. A type of retirement plan where both the employee and employer can/do put money into the plan.
4. A retirement plan provision that allows you to take your account balance with you if you leave your current employer and go to another employer.
5. A retirement plan provision creating a schedule upon which benefits placed into the retirement plan by the employer actually become wholly owned by the plan participant.
[ Choose ] Contributory retirement plan Portability Noncontributory retirement plan Vesting Defined-benefit plan
1. A traditional pension plan in which you receive a promised payout at retirement. Defined-benefit plan
2. A retirement plan in which the employer provides all of the funding and employees do NOT put their own money into the plan. Noncontributory retirement
3. A type of retirement plan where both the employee and employer can/do put money into the plan. Contributory retirement plan
4. A retirement plan provision that allows you to take your account balance with you if you leave your current employer and go to another employer. Portability
5. A retirement plan provision creating a schedule upon which benefits placed into the retirement plan by the employer actually become wholly owned by the plan participant. Vesting
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