please help !!

Alex is also an elementary school teacher in Wonderland ISD. He contributes 6.65% of his monthly salary to his retirement account. Then, the ISD matches with 6.6% of his monthly salary to this account. The amount in this account is invested in the funds that Alex chooses. The Wonderland ISD provides various types of funds from extremely low-risk-low-return funds to extremely high-risk-high-return funds that Alex can invest in. Under this plan, Alex can change the portfolio of his investment at any time. But unlike the plan that Jake has (discussed in Question 5), Alex does not know how much he will have in this account when he retires. If Alex has invested well, he may have a large amount of money in this account. But if he has invested poorly, he may be left with only a small amount of money in this account. This is an example of a retirement plan. defined contribution Scanlon defined profit sharing defined benefits