Members can transfer balances to other Defined Contribution plans should they change employers Members have control over investment decisions. There is no limitation on maximum benefit. Disadvantages Members bear the investment risk and therefore should monitor their investments. The benefit is not known until retirement. It depends on the investment results there is no guaranteed minimum benefit.
Older members have fewer years before retirement to invest in their account.
Are a younger employee. Are a mid-career employee who has already spent much of his or her career in a Defined Contribution plan.