Which Is An Example Of A Defined Contribution Retirement Plan?

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   Larry GilmorePRO

   Agent Owner, Gilmore Insurance Services, Marysville, Washington State

   which is an example of a defined contribution plan?   I'm starting to wonder if I am helping someone with their exams with these questions.. :)  the simplest most commonly known example is going to be a 401(k) plan. The employer "contributes" into the employee's retirement account, but bears little responsibility for the results outside of fidicary responsibility for investment choices including a safe harbor.

   Answered on June 4, 2013

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