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What type of retirement plan for employees should a business owner pick if they want to absolutely guarantee benefits to eligible employees (for example, employees
What type of retirement plan for employees should a business owner pick if they want to absolutely guarantee benefits to eligible employees (for example, employees will know the exact amount they will receive when they retire)?
a. | A 401(k) plan. | |
b. | A profit sharing plan. | |
c. | A target benefit plan. | |
d. | A defined benefit plan. |
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