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9.1.1 Qualified Employer Plans

The basic concept for plan regulation is to attempt to make all employees equally eligible for retirement benefits and to eliminate favoring highly compensated employees.

Table outlining details of Requirements For Employer-Sponsored Retirement Plans

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Section 9.1 Review

If a person pays a percentage of their paycheck every month to a qualified retirement plan and the company contributes or matches this percentage, the amount the company pays is tax deductible.

a) True
b) False
CORRECTTRY AGAIN (Lesson 9.1)
Check your answer