Los Angeles Divorce Attorneys/Lawyers Family Law Attorney Beverly Hills

Defined Contribution Plan
In a defined contribution plan, the employee and/or the employer contribute to the
employee’s individual account under the plan. The employee often decides how their
accounts are invested. The amount in the account at distribution includes the contributions
and investment gains or losses, minus any investment and administrative fees. The
contributions and earnings are not taxed until distribution. The value of the account will
change based on the value and performance of the investments.

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