answer the following question

Get perfect grades by consistently using our affordable writing services. Place your order and get a quality paper today. Take advantage of our current 20% discount by using the coupon code GET20

Order a Similar Paper Order a Different Paper

Are employees more likely to favor defined contribution plans over defined benefit plans? How about employers? Explain your answer.

example answer … I think employees are more likely to favor the defined benefit plan and employers would more likely prefer the defined contribution plan. With a defined benefit plan, the employer contributes to the employee’s guaranteed retirement program on behalf of the employee which is calculated based upon age, years, of service, etc., therefore, the risk is placed on the employer and not the employee. With the defined contribution plan, the employer and employee both make annual contributions into separate accounts, therefore, the risk is placed on both the employer and the employee and this plan doesn’t guarantee a certain amount due to this risk.

Have your paper completed by a writing expert today and enjoy posting excellent grades. Place your order in a very easy process. It will take you less than 5 minutes. Click one of the buttons below.

Order a Similar Paper Order a Different Paper