Which of the following statements concerning qualified retirement plans is NOT correct?
A) Employer-sponsored IRAs are considered qualified retirement plans.
B) Employer contributions to a qualified plan are tax deductible as a business expense.
C) The earnings of a qualified plan are not taxed until they are distributed.
D) Employer contributions to a qualified plan on behalf of its employees are taxable income to the employees when they are made.
Ans: D) Employer contributions to a qualified plan on behalf of its employees are taxable income to the employees when they are made.
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Zoning restrictions would mist likely regulate which of the following?
A. Landscaping of residential property. B. Lot size. C. Heating equipment. D. Fire safety standards.
The process of disintermediation in the global distribution system has been declining at a steady rate
Indicate whether the statement is true or false