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Please provide your responses and perspectives to the following: 1. Explain defined benefit and defined contribution pension plans. Compare and contrast the two forms of

Please provide your responses and perspectives to the following:

1. Explain defined benefit and defined contribution pension plans. Compare and contrast the two forms of pension plans as part of your response. 2. Based on what you have learned about pension plans, would you prefer a defined benefit or defined contribution plan? Please explain why you selected your choice and how that aligns with your retirement plans.

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