the limitations set forth in IRC section 415 are stated in terms of contributions and forfeitures...
the limitations set forth in IRC section 415 are
stated in terms of contributions and forfeitures that are added to
a participant's account for which kind of plan?
a. defined benefits (DB) plans
b. defined contribution (DC) plans
c. cocqualified plans
d. qualified plans
Homework Answers
Answer is D
Qualified plans
Under section 415 limits are set forth in IRC section 415 in terms of contributions and forfeitures that are added to a participant account comes under qualified plans
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the limitations set forth in IRC section 415 are
stated in terms of contributions and forfeitures...
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