Which of the following choices is a characteristic of a qualified retirement plan? The plan must be
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Question:
- The plan must be a defined contribution plan to be considered a qualified retirement plan.
- The plan must be a defined benefit plan to be considered a qualified retirement plan.
- The plan may NOT discriminate against the rank-and-file employees.
- The plan can be funded with future operations rather than current contributions.
Related Book For
Income Tax Fundamentals 2015
ISBN: 9781305177772
33rd Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill
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