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Loyola Mary mount University Defined Contribution Retirement PlanTable of Contents Introduction3Important Information About the Plan4Joining the Plan5Contributions to the Plan6Managing Your Account12Ownership

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What is contribution retirement plan?

A contribution retirement plan is a savings plan that individuals contribute to throughout their working years in order to have funds available for retirement.

Who is required to file contribution retirement plan?

Employers are typically required to file contribution retirement plans on behalf of their employees.

How to fill out contribution retirement plan?

Contribution retirement plans are typically filled out by employers or financial institutions on behalf of individuals participating in the plan.

What is the purpose of contribution retirement plan?

The purpose of a contribution retirement plan is to help individuals save for retirement and ensure they have enough funds to support themselves when they stop working.

What information must be reported on contribution retirement plan?

Information such as contribution amounts, investment options, account balances, and participant information must be reported on a contribution retirement plan.

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