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Which of the following statements concerning qualified retirement plans is(are) CORRECT? I. Qualified pension plans include cash balance plans and target benefit plans. II. Qualified

Which of the following statements concerning qualified retirement plans is(are) CORRECT?

I. Qualified pension plans include cash balance plans and target benefit plans. II. Qualified profit-sharing plans include stock bonus plans and Section 401(k) plans.

I only.

II only.

Both I and II.

Neither I nor II.

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