Question: In a defined contribution plan, if the integration level is less than the Social Security taxable wage base, what occurs? Larger contributions will be made
In a defined contribution plan, if the integration level is less than the Social Security taxable wage base, what occurs?
Larger contributions will be made on behalf of employees whose compensation is above the lower integration level.
The plan's cost to the employer increases as the integration level is reduced.
The permitted disparity between the maximum excess contribution percentage and the base contribution percentage is reduced.
Employer contributions must be adjusted to an integration level of $ to achieve optimum integration.
A
III, and IV
B
I, II and III
C
II and IV
D
I and III
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