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3) If an individual's retirement plan falls short of the required income what are their options to close the gap? Please list each of the

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3) If an individual's retirement plan falls short of the required income what are their options to close the gap? Please list each of the options and how it would impact the plan. 4) What is a Defined Benefit plan? What is a Defined Contribution plan? Please list the characteristics of the plans and the types of plans under a Defined Benefit and Defined Contribution plan

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