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Exam Code: 401

Exam Name F5 Certified Network Associate (F5 Certification)

Certification Provider: F5

Corresponding Certifications: F5 Certification , F5 Certification Routing and Switching

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NEW QUESTION: 1
A retirement plan under which the benefit to be paid upon retirement is specified when an employee is
signed up for the plan is known as a:
A. SIMPLE-IRA.
B. defined benefit plan.
C. defined contribution plan.
D. 401(k) plan.
Answer: B
Explanation:
A retirement plan under which the benefit to be paid upon retirement is specified when an
employee is signed up for the plan is known as a defined benefit plan. The 401(k) plan and the
SIMPLE-IRA are types of defined contribution plans.

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