Which of the following statements about the tax advantages of a qualified retirement plan is NOT true?
A) Earnings of a qualified retirement plan are exempt from employees' current income taxation.
B) Employees' contributions to retirement plans are included in ordinary income.
C) Earnings from a qualified retirement plan are taxable when paid as a benefit.
D) Employer contributions to qualified plans are deductible business expenses.
Answer: B) Employees' contributions to retirement plans are included in ordinary income.
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A) A useful thing to start training with. B) A piece of information required to be learned in order to meet a specific training objective. C) A compilation of the learning objectives for a training program. D) One of the outputs of the developmental phase of the training model.