Cryptocurrency Q&A
What is DC in investment banking?
What is DC in investment banking?
CryptoNinja
Sun Nov 17 2024
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7 answers
2012
I'm exploring the term 'DC' within the context of investment banking. I want to understand its meaning and how it fits into this financial landscape.
7 answers
GangnamGlitzGlamour
Tue Nov 19 2024
Defined Contribution, or DC Investment, is a type of retirement plan where employees contribute a fixed amount of money into a personal investment account.
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Giuseppe
Tue Nov 19 2024
Unlike Defined Benefit plans, which promise a specific pension payment upon retirement, DC plans offer no such guarantees.
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CryptoVeteran
Tue Nov 19 2024
The investment returns and the ultimate value of the account depend entirely on the performance of the investments chosen by the employee.
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CryptoQueenGuard
Mon Nov 18 2024
DC plans are popular because they offer greater flexibility and portability for employees.
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Alessandra
Mon Nov 18 2024
Employees can contribute to their DC plans through payroll deductions, and many employers also offer matching contributions as a benefit.
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