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Retirement plans are classified as either defined benefit plans or defined contribution plans, depending on how benefits are determined.. In a defined benefit (or pension) plan, benefits are calculated using a fixed formula that typically factors in final pay and service with an employer, and payments are made from a trust fund specifically dedicated to the plan.
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Continuing care retirement community (CCRC) is the primary term for a major part of the retirement scene, in books, magazines, accreditation and legislation. A typical definition, from a New York Department of Health website [13] is "Continuing care retirement communities (CCRCs) and fee-for-service continuing care retirement communities (FFSCCRCs) are residential alternatives for adults that ...
USS Congress was a nominally rated 38-gun wooden-hulled, three-masted heavy frigate launched on 15 August 1799. She was one of the original six frigates of the newly formed United States Navy and, along with her sister ships, was larger and more heavily armed than standard frigates of the period.