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  3. 1. which of the following is incorrect? defined be

1. Which of the following is incorrect? Defined benefit plans are fully employer funded. IRS...

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Question

Accounting

1. Which of the following is incorrect?

Defined benefit plans are fully employer funded.

IRS sets rules to limit employee's contributions.

Investment allocation decisions are made by employees in defined contribution plans.

Employers bear the investment risk in defined contribution plan

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