1. 61667 POINTS
    Steve Savant
    Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
    An employer sponsored qualified retirement plan under ERISA, the Employee Retirement Income security Act of 1974, is generally the largest sponsor of retirement plans. These types of retirement plans can be a defined benefit plan, but in today's market, it is more likely a defined contribution plan using pretax dollars.
    Answered on August 4, 2013
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