Question 2 (1 point) A Section 401(k) plan allows plan participants the opportunity to defer taxation on a portion of regular salary or bonuses simply by electing to have such amounts contributed to the plan instead of receiving them in cash. Which of the following is a rule that applies to Section 401(k) plan elective deferrals? 1. Section 401(k) plan elective deferrals are immediately 100% vested and cannot be forfeited. II. In-service withdrawals are to be made only if an individual has attained age 62. III. An extra nondiscrimination test called the actual deferral percentage test applies to elective deferral amounts 1 only 1 and 1 1 and 1 e ill only