Question

Match the description of a feature in the right-hand column with the appropriate deferred compensation arrangement listed in the left-hand column:

Deferred Compensation Arrangement Feature
1. Social Security(a) Involves a payment of a specified amount to each participant
2. Defined Benefits Plan(b) Payments are linked to the CPI
3. Defined Contribution Plan(c) Employer contribution is a certain percentage of employees earnings from time employee enters the program
4. Cash-Balance Plan(d) Involves use of a formula to determine amount of benefit an employee will receive

Answer

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