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Build Corporation communicated several goals to its financial adviser when it decided to implement a qualified retirement plan for the company. After reviewing these goals,

Build Corporation communicated several goals to its financial adviser when it decided to implement a qualified retirement plan for the company. After reviewing these goals, the adviser recommended that Build Corporation implement a defined benefit pension plan. Which of the following statements regarding employers who are candidates for a defined benefit pension plan are CORRECT?

I. Typically, they have the objective of instituting a plan with highly predictable costs.

II. They indicate that the desire to provide a tax shelter for key employees outweighs the need for an administratively convenient plan.

III. They want benefit levels guaranteed.

IV. They want a simple and inexpensive plan

.Question 8 options:

A.

II and III

B.

I and IV

C.

I, II, III, and IV

D.

I, II, and III

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