Defined-contribution plans
Defined-contribution (DC)
retirement plans allow employees to invest pre-tax dollars in the capital markets where they can grow tax-deferred until retirement.Simpler Explained: A defined
contribution plan is a common workplace
retirement plan in which an employee contributes money and the employer typically makes a matching contributionEssentially, they are retirement plans that companies may offer as a benefit in which you, your employer or both make contributions on a regular basis.