Thanks for the points. ;D
Anyway, this is more personal experiences, but I'd say I'd pay a good bit for a haircut. I could cut my hair myself, but that would look pretty horrendous. I'd also pay high prices for good, high-quality chocolate because that stuff is the BOMB and I can't make it, and same thing for an Italian style pizza. I'd also pay high prices for doctors because they help keep you healthy and can alert you if you have a serious illness. I'd also pay high prices for internet and power because in today's society those are some of the most necessary things in the US of A.
Anyway, I'm just spouting. What about you?
-Dylan (AKA Animus)
The amount of retirement income that employees would receive upon retirement is specified under a defined benefit plan (APERS). A defined contribution plan merely stipulates how much each party—the employer and the employee—puts into the retirement account of the employee.
<h3>What is the difference between defined benefit and defined contribution plan?</h3>
- For each participant in a defined-benefit pension plan, employers finance and guarantee a certain amount as retirement benefits.
- As the participant defers a percentage of their gross pay, defined-contribution plans are largely supported by the employee. Employers may decide to match the contributions up to a specific level.
- The responsibility of saving and investing for retirement has been put on employees as a result of the switch to defined-contribution plans.
- The 401(k) is the preferred defined-contribution plan (k).
- Companies have a consistent preference for defined-contribution plans over defined-benefit plans.
To learn more about defined benefit and defined contribution plan, refer to the following link:
brainly.com/question/12334165
#SPJ4
<span>These are called radicals. Radicals are found on the far left of the political spectrum. This is a person who advocates a complete political or social reform who is a member of a political party that has these same aims.</span>
