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In a defined contribution pension plan O pension income varies depending on how well the plan's investments have done. O if the funds in the
In a defined contribution pension plan O pension income varies depending on how well the plan's investments have done. O if the funds in the pension plan exceed the amount promised, the excess accrues to the issuing firm or institution. O all earnings are taxable as regular income. o the employee is promised an assigned benefit based on earnings and years of service
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