All of the following statements are true about non-contributory defined benefit retirement plans EXCEPT:__________.
StatusA A. contribution amounts vary based upon the age of the person covered under the plan
StatusB B. larger contributions are made for older plan participants nearing retirement than for younger ones
StatusC C. once benefit payments start, the amount of the benefit is fixed
StatusD D. contribution amounts remain fixed based regardless of age

Question

17-08-2020
Social Studies

contestada

All of the following statements are true about non-contributory defined benefit retirement plans EXCEPT:__________.
StatusA A. contribution amounts vary based upon the age of the person covered under the plan
StatusB B. larger contributions are made for older plan participants nearing retirement than for younger ones
StatusC C. once benefit payments start, the amount of the benefit is fixed
StatusD D. contribution amounts remain fixed based regardless of age

Respuesta :

Otras preguntas

Paolo will do whatever it takes to be successful; he does not care about others and what happens to them. He has a high opinion of himself and thinks that he is

The second walk-through includes collecting evidence in the room where the corpse was found. The purpose of this process is to _____. a. identify the victims a

The Ahmed family have signed a contract to buy the Miller family's home. However, the contract states the Ahmeds must first close on the sale of their current h

Susan has a flower bed that is shaped like a right triangle. Both sides of the right angle are six feet long. What is the length of the missing side?

if y is directly proportional to x and y =15 when 6=x what is the value of x when y=24

What type of bond does not require any money up front and only requires the full bond amount if a defendant refuses to appear?

____ is probably the most famous wiki in the world. a. Wikiworld b. Wikipedia c. Wikibook d. Google Wiki

In _______ countries, population growth rates are low, but the number of resources used per person is extremely high.

Help! (3 ten thousands 2 thousands) x 10=

Deoxygenated blood returns to the heart via the ____________

ACCESS MORE

adefioyelaoye adefioyelaoye · Answer 1 · 2020-08-20T02:27:56+02:00

Answer:

D. contribution amounts remain fixed based regardless of age

Explanation:

This fund is usually derived by University contributions to a trust fund and doesn’t require any employee contribution.

The contribution amounts vary based upon the age of the person covered under the plan

The larger contributions are made for older plan participants nearing retirement than for younger ones and once benefit payments start, the amount of the benefit is fixed