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Time Remaining $3$ hours $58$ minutes $18$ seconds$03$:$58$:$18$

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Time Remaining $3$ hours $58$ minutes $18$ seconds$03$:$58$:$18$

TB MC Qu$.13-35($Static$)$ Which of the following statements is true...

Which of the following statements is true regarding employer$-$provided qualified retirement plans?

Multiple Choice

May discriminate against rank$-$and$-$file employees.

Deductible contributions are generally phased$-$out based on AGI.

Executives are generally ineligible to participate in these plans.

They are generally referred to as defined benefit plans or defined contribution plans.