The Employee Retirement Income Security Act (Erisa)provides:
The Employee Retirement Income Security Act (ERISA)provides:
A) funding of retirement plans.
B) insurance for retirement plans when employees change employers.
C) self-employed with mandatory retirement plans.
D) minimum standards for retirement plans.
E) trust funds for retirement.
Full retirement age is typically defined as ____ years of age.
An example of a type of plan where the amount the employee receives at retirement is dependent on investment performance is a:
A) defined contribution plan.
B) defined benefit plan.
C) cash balance plan.
D) a and b
E) a,b,and c
Which of the following types of retirement plans is becoming less common?
A) Traditional defined contribution
B) Traditional defined benefit
C) Cash balance