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Which of the following is NOT a characteristic of a Deferred Profit Sharing Plan (DPSP)? Guaranteed benefit amount. Taxable benefit when withdrawn. Incentive for employees
Which of the following is NOT a characteristic of a Deferred Profit Sharing Plan (DPSP)?
Guaranteed benefit amount. | ||
Taxable benefit when withdrawn. | ||
Incentive for employees to work harder. | ||
Employer contributions are dependent upon profitability achieved. |
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