Question
A qualified plan that establishes individual accounts for each plan participant and provides benefits based solely on the amount contributed to the participants' accounts is
A qualified plan that establishes individual accounts for each plan participant and provides benefits based solely on the amount contributed to the participants' accounts is referred to as a
defined benefit plan.
defined contribution plan.
welfare benefit plan.
employee stock ownership plan.
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
