Retirement - 46: Qualified Plan Category (Defined-Contribution vs Defined-Benefit) Flashcards

0
Q

401(k) plan

A

Defined-Contribution

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1
Q

Profit sharing plan

A

Defined-Contribution

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2
Q

SIMPLE 401(k) plan

A

Defined-Contribution

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3
Q

Stock bonus plan

A

Defined-Contribution

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4
Q

ESOP

A

Defined-Contribution

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5
Q

Thrift (Savings) Plan

A

Defined-Contribution

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6
Q

Money – purchase pension plan

A

Defined-Contribution

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7
Q

Target benefit pension plan

A

Defined-Contribution

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8
Q

Defined-Benefit Pension Plan

A

Defined-Benefit

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9
Q

Cash-balance pension plan

A

Defined-Benefit

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10
Q

Qualified plans that can be exempt from some discrimination rules

A

SIMPLE 401K plan

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12
Q

Hybrid form of defined-contribution plan

A

Target benefit pension plan

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13
Q

Hybrid form of defined-benefit plan

A

Cash-balance pension plan

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