QuestionJune 15, 2025

Question 6 of 12 The advantage of qualified plans to employers is A. Tax-deductible contributions. B. Taxable contributions. C. No lump-sum payments. D. Tax-free earnings.

Question 6 of 12 The advantage of qualified plans to employers is A. Tax-deductible contributions. B. Taxable contributions. C. No lump-sum payments. D. Tax-free earnings.
Question 6 of 12
The advantage of qualified plans to employers is
A. Tax-deductible contributions.
B. Taxable contributions.
C. No lump-sum payments.
D. Tax-free earnings.

Solution
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Answer

A. Tax-deductible contributions. Explanation 1. Identify the key advantage Qualified plans allow employers to make contributions that are tax-deductible, reducing taxable income.

Explanation

1. Identify the key advantage<br /> Qualified plans allow employers to make contributions that are tax-deductible, reducing taxable income.
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