Associated with defined contribution plans

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Which of the following plans are associated with Defined Contribution plans?

Group of answer choices

Profit-sharing

Final-pay times service formula

Career-average pay formula

401(k)

Which of the following statements are true with regard to qualified retirement plans? (choose all that are true)

Group of answer choices

Plan sponsors may deduct plan contributions from taxable income.

Plan participants are not taxed on benefits until such benefits are paid.

Qualified plans must comply with ERISA.

Qualified plans are generally governed by trust law rather than tax law.

Reference no: EM133027955

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