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Identify a True Statement About Defined Benefit (DB) Plans

Question 15

Multiple Choice

Identify a true statement about defined benefit (DB) plans.


A) They impose stiff financial penalties on workers who fail to retire "on time."
B) In DB plans, a worker's pension increases with additional years.
C) In DB plans, workers get the highest tax advantages compared with other pension plans.
D) They are the most popular kind of pension plan for older people.

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