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Which of the following is not a requirement for a qualified pension plan? A.It must be funded in advance of retirement. B.It must cover at

Which of the following is not a requirement for a qualified pension plan?

A.It must be funded in advance of retirement.

B.It must cover at least 80% of the employees.

C.It cannot discriminate in favor of highly paid employees.

D.Benefits must vest after a specified period of service, commonly five years.

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