explain why a Defined Contribution (DC) pension plan cannot have a

Q: what is pension plan asset?

A: Definition : The term pension plan assets refer to the funds a corporation can use to satisfy its…

Q: Were you correct that the pension liability is not reported in the balance sheet? What is the…

A: Pension refers to the accumulated amount of money that is added during the employment period of an…

Q: How should gains or losses related to pension plan assets be recognized? How does this treatment…

A:

Q: Which type of retirement plans are subject to contribution limits? Select one: a. Only defined…

A: Defined contribution plans refers to the plan under which both the employee and employer contribute…

Q: Explain pension fund

A: Pension funds, also known as retirement funds, are investment options that allow an individual to…

Q: What are the four basic components of pension expense? Select one: A. Service cost, benefits paid,…

A: Answer -  To calculate a pension expense of a particular Employee working under him, the employer…

Q: pension fund

A: A retirement fund is a product that invests your savings in retirement. Tax cuts and  employer…

Q: The two main types of pension plans are defined benefit plans and defined contribution plans.…

A: Pension plan is a plan under which either the employer or the employee contributes small amount of…

Q: For Pension Plans: A. Describe the differences between a Defined Benefit pension plan and a Defined…

A: Defined Benefit Pension Plan Defined benefit pension plan can clearly describes as it is absolutely…

Q: What is a defined Contribution Pension Plan?

A: A defined contribution pension plan It is an arrangement where  there is a contribution by employer…

Q: What is a defined benefit pension plan and explain the pros and

A: There are many pension plans available that employers can choose for their retirement needs of…

Q: Describe the obligations of pension.

A: A pension is a plan of retirement that requires contribution from both the employer & the…

Employee Benefits

In an organization employees are the most important resource and most important asset. They can lead an organization to the sky or can be the reason for unsuccessful of business. Therefore, it is very much important that employees of an organization should be satisfied by the environment of the organization and most importantly with the salary, wages incentives, etc.