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2. Advantages of a defined benefit plan include which of the following? Benefits for employees who terminate employment at younger ages can be more costly
2. Advantages of a defined benefit plan include which of the following?
- Benefits for employees who terminate employment at younger ages can be more costly under defined contribution plans than under defined benefit plans.
- A final pay plan can benefit a participant because it transfers preretirement inflation risk to the employer.
- The defined benefit approach allows employees to make contributions on a before-tax basis to the plan.
- I only.
- I and II only.
- I and III only.
- II and III only.
- I, II and III.
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