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IFSE Institute Life License Qualification Program (LLQP) LLQP Question # 78 Topic 8 Discussion

IFSE Institute Life License Qualification Program (LLQP) LLQP Question # 78 Topic 8 Discussion

LLQP Exam Topic 8 Question 78 Discussion:
Question #: 78
Topic #: 8

Sasha is an employee at PranaTech. The company offers all employees a pension plan. PranaTech must contribute into the plan, but employee contributions are not mandatory. Sasha chooses where his funds will be invested.


A.

Defined contribution pension plan.


B.

Defined benefit pension plan.


C.

Deferred profit sharing plan.


D.

Group registered retirement savings plan.


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