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A defined contribution pension plan a. Specifies the amount of the employer contribution to the plan b. Does not permit the employer to take a

A defined contribution pension plan

a.

Specifies the amount of the employer contribution to the plan

b.

Does not permit the employer to take a tax deduction for contributions to the plan

c.

Is not a qualified plan for tax purposes

d.

Provides a guaranteed, fixed retirement benefit to employees upon retirement

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