LO.2 Blonde Corporation has a total of 1,000 employees, of whom 700 are non-highly compensated. The retirement
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LO.2 Blonde Corporation has a total of 1,000 employees, of whom 700 are non-highly compensated. The retirement plan covers 300 non-highly compensated employees and 200 highly compensated employees. Does this plan satisfy the minimum coverage test?
Explain.
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Related Book For
South Western Federal Taxation 2013 Individual Income Taxes
ISBN: 9781133189558
36th Edition
Authors: William Hoffman, James E. Smith
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