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CTP · Question #603
CTP Question #603: Real Exam Question with Answer & Explanation
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Question
- (Topic 7) The PRIMARY difference between defined benefit and defined contribution pension plans is whether the employee or the employer:
Options
- Areceives the tax reduction benefits of the plan.
- Bdecides which mutual funds are included in the plan.
- Cbears risk of a shortfall of the investment results in the plan.
- Dhires investment managers for the plan.
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