Which of the following would be considered a tax benefit or advantage of a qualified retirement plan? Select either "Not a Tax Benefit or Advantage", "May be a Tax Benefit or Advantage" or "Tax Benefit or Advantage", whichever is applicable. а. Certain distributions may be subject to capital gain treatment. b. Employer contributions are deductible by the employer in the year of contribution. с. Employee contributions are deductible by the employee in the year of contribution. d. The qualified plan is tax-deferred as to all income.
Which of the following would be considered a tax benefit or advantage of a qualified retirement plan? Select either "Not a Tax Benefit or Advantage", "May be a Tax Benefit or Advantage" or "Tax Benefit or Advantage", whichever is applicable. а. Certain distributions may be subject to capital gain treatment. b. Employer contributions are deductible by the employer in the year of contribution. с. Employee contributions are deductible by the employee in the year of contribution. d. The qualified plan is tax-deferred as to all income.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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