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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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