a qualified retirement plan must be established and maintain for the benefits of which of the...
a qualified retirement plan must be established and
maintain for the benefits of which of the following?
a. creditors and benefits
b. employees and beneficiaries
c. employers and creditors
d. employers and employees
Homework Answers
The answer is b - Employees and Beneficiaries
A qualified retirement plan is established by the employer for the benefit of the employee's. A qualified retirement plan gives the employer a tax break for the contributions they make for their employers.
Note:
A Beneficiary receives the distributions in the event of the death of the employee.
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a qualified retirement plan must be established and
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