What is the difference between a defined benefit plan and a defined obligation plan?

Question ajoutée par Abdullah Mahhaden, CFA, CPA , Assurance Manager , Grant Thornton
Date de publication: 2013/06/17

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par sobhi alshaltoni , Partner , Almanarah Accounting and Financial Consulting

A defined benefit plan identifies the specific benefit that will be payable to you at retirement, but a defined obligation plan specifies how much money will go into a retirement plan today.

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What is the difference between a defined benefit plan and a defined obligation plan?

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