Advantages of defined benefit plans include all of the following, except a. defi

Question

Advantages of defined benefit plans include all of the following, except

a. defined benefit plans are easy to design and easy to explain to employees

b. employees obtain a tax-deferred retirement savings medium

c. retirement benefits at adequate levels can be provided for all employees regardless of age

d. benefit levels are guaranteed both by the employer and, for some plans, by the PBGC

e. for an older highly compensated employee, a defined benefit plan will allow the maximum amount of tax-deferred retirement saving

Explanation / Answer

Ans is a)defined benefit plans are easy to design and easy to explain to employees .

and others all are the advantages of defined benefit plans . Actually defined benefit plans are very difficult to design and very difficult to explains to employee   because the benefit tend to go when employee leave prior to retirement.

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