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Which of the following statements regarding defined contribution plans is false? Employees cannot choose how amounts in
Posted: Sun Apr 10, 2022 8:29 am
by answerhappygod
- Which Of The Following Statements Regarding Defined Contribution Plans Is False Employees Cannot Choose How Amounts In 1 (30.37 KiB) Viewed 44 times
Which of the following statements regarding defined contribution plans is false? Employees cannot choose how amounts in their retirement accounts are invested. Employees immediately vest in their contributions to the plan. Employers typically match employee contributions to the plan to some extent. The tax law limits the sum of the employer and employee contributions to a defined contribution plan.