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ACC 423 Week 4 DQ 1

ACC 423 Week 4 DQ 1
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ACC 423 Week 4 DQ 1

What are the differences and similarities between a defined contribution plan and a defined benefit plan? As an employee, explain why you would rather have a defined contribution plan or a defined benefit plan? What experience do you have with pension plans in your organization or an organization that you are familiar with?  As an employer, explain why you would rather offer a defined contribution plan or a defined benefit plan to your employees?

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