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Independently consider each of the following statements regarding defined contribution plans, indicating whether true (by indicating T) or false (by indicating F). With defined contribution
Independently consider each of the following statements regarding defined contribution plans, indicating whether true (by indicating T) or false (by indicating F). With defined contribution plans, employers bear investment risk relating to the plan. Employees immediately vest in employee contributions to defined contribution plans. Employers typically match employee contributions to the defined contribution plans to some extent. In determining the amount of the defined contribution plan benefits the employee is entitled to receive on retirement, a vesting schedule is used for employer contributions
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