Multiple Choice
Pension funds do notI) accept contributions from employers, which are tax deductible.II) pay distributions that are taxed as ordinary income.III) pay benefits only from the income component of the fund.IV) accept contributions from employees, which are not tax deductible.
A) III and IV
B) II and III
C) I and II
D) I, II, and IV
E) I, II, III, and IV
Correct Answer:

Verified
Correct Answer:
Verified
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