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Statement 1: The benefit you could get from a money-purchase plan would be determined both by how much you contributed and the performance of the

Statement 1: The benefit you could get from a money-purchase plan would be determined both by how much you contributed and the performance of the investment in the plan. Statement 2: In a target-benefit pension plan, as long as you make the required contributions, the plan will pay you a targeted benefit when you retire.

a. Statement 2 is True. Statement 1 is false

b. Both statements are false.

c. Statement 1 is True. Statement 2 is false

d. Both statements are true.

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