Multiple Choice
Which of the following statements is true regarding employer-provided qualified retirement plans?
A) May discriminate against rank-and-file employees.
B) Deductible contributions are generally phased-out based on AGI.
C) Executives are generally ineligible to participate in these plans.
D) They are generally referred to as defined benefit plans or defined contribution plans.
Correct Answer:
Verified
Correct Answer:
Verified
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