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QKA - 1 RETIREMENT PLAN FUNDAMENTALS & 
PLAN TYPES ACTUAL EXAMS STUDY 
QUESTIONS WITH 100% CORRECT ANSWERS
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---31July 20262025/2026A+
- QKA - 1 RETIREMENT PLAN FUNDAMENTALS & 
PLAN TYPES ACTUAL EXAMS STUDY 
QUESTIONS WITH 100% CORRECT ANSWERS 
1. What is a Defined Contribution Plan? - ANSWER A retirement plan that 
maintains an individual account balance for each participant. 
2. How is a participant's benefit determined in a Defined Contribution Plan? - 
ANSWER A participant's benefit is based solely on the value of their 
account balance. 
3. What does a participant's account balance in a Defined Contributio...
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