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Which of the following describe differences between a tax-advantaged retirement plan and a qualified plan? IRA-funded employer-sponsored tax-advantaged plans may not incorporate loan provisions. Employer

Which of the following describe differences between a tax-advantaged retirement plan and a qualified plan?

  1. IRA-funded employer-sponsored tax-advantaged plans may not incorporate loan provisions.
  2. Employer stock distributions from a tax-advantaged plan do not benefit from NUA tax treatment.

II only

Both I and II

I only

Neither I nor II

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