http://www.kenniffonline.com/with-profits-annuity/
Finance Questions…Please help!?
A positive aspect of defined-benefit plans is that
A. there is more certainty about the amount of the benefit than with defined-contribution plans.
B. the funds are out of reach of corporate creditors.
C. they generally permit earlier vesting than defined-contribution plans.
D. they are more transferable than defined-contribution plans.
An employer pension plan in which the employer or the employee puts money in a retirement account for the employee, and the amount of the retirement benefit depends on how well the investment yields, is called a
A. defined-contribution plan.
B. defined-benefit plan.
C. tax-sheltered annuity.
D. profit-sharing plan.
i would say
A
D
Xafinity Pension Trust: Defined contribution pension arrangements