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The movement from defined benefit pensions (DB) to defined contribution pensions (DC) happened over the past decade. 1. What are the pros and cons of

The movement from defined benefit pensions (DB) to defined contribution pensions (DC) happened over the past decade.

1. What are the pros and cons of each (DB and DC pension design)?

2. If you are a small business operator with a DC pension plan for your workers, discuss the strategies you will employ to help overcome the limitations of that pension design.

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