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Author Question: Which of the following statements is correct regarding limitations on employer's contributions to ... (Read 42 times)

azncindy619

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Which of the following statements is correct regarding limitations on employer's contributions to qualified retirement plans in 2016?
◦ Defined benefit plans are limited to an annual benefit to an employee of the lesser of $53,000 or 100% of the employee's average compensation for the highest three years.
◦ Defined contribution plan contributions are limited to the lesser of $210,000 or 25% of an employee's compensation.
◦ Defined contribution plan contributions are limited to the lesser of $53,000 or 100% of an employee's compensation.
◦ If an employer has more than one type of qualified plan, a maximum deduction of 100% of compensation is allowed.


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Marked as best answer by azncindy619 on Sep 13, 2020

laurnthompson

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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azncindy619

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Reply 2 on: Sep 13, 2020
:D TYSM


epscape

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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