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12. Hammond distributing, inc., has established a defined contribution retirement plan for its employees. under '415, which establishes limitations for both defined contribution and defined

12. Hammond distributing, inc., has established a defined contribution retirement plan for its employees. under '415, which establishes limitations for both defined contribution and defined benefit retirement plans, the calculation of these limitations is based on:

A. annual benefits.

B. cost of living adjustments.

C. a participant's compensation.

D. annual additions.

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