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Which of the following statements concerning the coverage requirements that apply to qualified plans is (are) correct? I. The 401(a)/26) minimum-participation rule applies only to

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Which of the following statements concerning the coverage requirements that apply to qualified plans is (are) correct? I. The 401(a)/26) minimum-participation rule applies only to defined- benefit plans Il. If an employer has separate lines of business, the 410(b) tests may be applied separately in each line of business when the businesses are operated for bona fide business reasons, have at least 50 employees, and meet several other regulatory requirements Question 14 options C2) I only c b) 11 cnly ) Both I and I d) Neiher I nor 1I 6 8 0

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