What is a defined-contribution pension? A. Employers save it for workers at the beginning. B. Employees save it for their own interests. C. It comes from the employers and employees. D. It is regulated by the government. 相关知识点: ...
A defined contribution pension (aka a DC pension or a money purchase scheme) is a type ofprivate pensionthat you contribute to on a regular basis. You define how much and when you pay into it. That’s why it’s called a defined contribution pension. A DC pension can be: A workplace ...
Defined contribution Adefined contribution pensioncan be a workplace pension organised by your employer or apersonal pension, which you set up yourself. When you retire the value of your pension will depend on how much you paid into it and how your investments have performed over the years. ...
Answer to: (a) What is a pension fund? (b) What is the difference between a defined contribution pension plan and a defined benefit plan? By...
You have a Defined Contribution pension pot. If you have a Defined Benefit Pension you need to get advice from a financial adviser first. Your pot is at least £5,000 (for a Pension Annuity) or at least £10,000 (for a Fixed Term or Cash-Out Retirement Plan). You're aged betwee...
What is a personal pension? A personal pension is a form of defined contribution pension. It is an option if you are self-employed or don’t qualify for a workplace pension, but it is also possible to open a personal pension plan to sit alongside a workplace pension if you so wish. ...
正确答案:A 听力原文:Workers are promised something called a defined-contribution pension which, truth be told, isn’t a pension at all. It is a savings pot to which employers and employees contribute, with some tax advantages. How big that pot will be, and what kind of income it will pr...
The 401(k) plan is a defined-contribution pension plan, although the term “pension plan” is commonly used to refer to the traditional defined-benefit plan. The defined-contribution plan is less expensive for a company to sponsor, and the long-term costs are easier to estimate. It also ta...
Defined Benefit versus Defined Contribution Pension Plans: What are the Real Trade-offs? National Bureau of Economic Research: Pensions in the U.S. Economy vol 0-226-06285-6, p 139-162.Bodie, Z., Marcus, A. J. & Merton, R. C., 1985. Defined Benefit Versus Defined Contribution Pension...
A defined contribution (DC) plan is a retirement plan that's typically tax-deferred such as a401(k) planor a 403(b). Employees contribute a fixed amount or a percentage of their paychecks to an account that's intended to fund their retirements. The sponsor company can additionally match a...