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Which of the following is true for a defined benefit plan? A)Contributions are limited. B)They are generally less expensive to maintain. C)The account is funded

Which of the following is true for a defined benefit plan?

A)Contributions are limited.

B)They are generally less expensive to maintain.

C)The account is funded by employer contributions in a pooled account.

D)Benefits are based on the amount the participant contributes.

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