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Which of the following apply to qualified retirement plans in the U.S.? I. Relatively small portion of the economy. II. Tax exempt. III. Tax deductible

Which of the following apply to qualified retirement plans in the U.S.?

I. Relatively small portion of the economy.

II. Tax exempt.

III. Tax deductible to employer.

IV. Exempt from federal regulation.

a. I, II and III only.

b. II and III only.

c. I and IV only.

d. II and IV only.

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