Chapter 14 - TOOLS & TECHNIQUES OF EMPLOYEE BENEFIT AND...

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9th Edition College Course Materials Deanna L. Sharpe, Ph.D., CFP®, CRPC®, CRPS® Associate Professor CFP® Program Director Personal Financial Planning Department University of Missouri-Columbia Please Note : Correct answers for each question are indicated in bold type. After each question, the number of the page containing information relevant to answering the question is given. When a calculation is necessary or the reasoning behind a given answer may be unclear, a brief rationale for the correct answer is also given. Part A: Retirement Planning Defined Benefit Plans Chapter 14: Cash Balance Pension Plan True/False 14.1 A cash balance plan favors older workers. 14.2 A cash balance plan is not guaranteed by the Pension Benefit Guaranty Corporation. 14.3 A cash balance plan establishes a separate fund for each plan participant. Answers: 14.1 false [p. 149] 14.2 false [p. 149] 14.3 false [p. 149] Multiple Choice 14.4 Which of the following is a disadvantage of a cash balance plan? a.
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This note was uploaded on 01/30/2012 for the course INS INS 3503 taught by Professor Tammimetz during the Fall '11 term at Mississippi State.

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Chapter 14 - TOOLS & TECHNIQUES OF EMPLOYEE BENEFIT AND...

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