Defined Benefit/Defined Contribution - How is Defined Benefit/Defined Contribution abbreviated?
DB/DC (redirected from Defined Benefit/Defined Contribution)
|DB/DC||Defined Benefit/Defined Contribution (qualfied retirement plan)|
|DB/DC||Design Bases/Design Criteria|
References in periodicals archive
More than half of the group's client assets are held in defined benefit/defined contribution
plans, and this business brings in roughly 25% of fees & commissions.
I didn't agree with this strategy, so I suggested a bifurcated defined benefit/defined contribution
401(k) plan for him and his spouse.
One example of combined plans with the goal of maximizing benefits to key personnel and also maximizing the key personnel's share of the company's total retirement plans contributions is referred to as a defined benefit/defined contribution
(DB/DC) combo plan.