Discussion in 'P2.T8. Investment Management (15%)' started by kasoker, May 20, 2010.
what are the differance between the 2?
the formula pdf is the same for L2 2010?
In a DC (e.g., 401k), the annual contributions into the retirement fund are known/determined but the final payouts are based on investment performance
In a DB (traditional, still common but declining share; common for public employees, bigCo), the future payouts at retirement are promised, so the plan must be funded in anticipation
In a DC, employees bear risk; in a DB, sponsor bears risk.
this is a huge topic, here are intros:
re: formula pdf, i don't have a new one before May, will have new one for November
i realized that i know this topic very much but didn't knew the phrase
AND THIS MYTE BE THE OPPROTONITY TO SAY THANKS ALOT FOR ALL THE HARD WPRK YOU PUT IN THE BT!!!
HOPE IT WILL GET ME TO PASS THE TEST....
ktm - Thanks, good luck on exam!! David
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