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When a retirement plan is tax-qualified, Question 59 options: A) contributions made to the plan and earnings on plan assets are exempt from federal income

When a retirement plan is tax-qualified, Question 59 options: A) contributions made to the plan and earnings on plan assets are exempt from federal income taxation. B) earnings on plan assets are subject to additional federal income taxes, including a higher tax rate. C) earnings on plan assets are subject to a lower federal income tax rate. D) federal income taxes on contributions made to the plan and earnings on plan assets are not assessed until withdrawal at retirement

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