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Defined contribution and defined benefit retirement plans

Problem: How can I distinguish around various types of retirement plans? What are the requirements of ERISA that plan sponsors must fulfill?

Q1. What is the difference between defined contribution and defined benefit retirement plans?

Q2. What are differences between 401(k) and 401(b) plans?

Q3. What are the fiduciary responsibility imposed from ERISA?

Q4. What are the non-discrimination rules imposed by ERISA?

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Finance Basics: Defined contribution and defined benefit retirement plans

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Finance Basics: Defined contribution and defined benefit retirement plans

Reference No:- TGS01799428

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