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In a Profit-Sharing Retirement Plan, the

Question 90

Multiple Choice

In a profit-sharing retirement plan, the


A) employer's contributions are a fixed percentage of the employee's salary.
B) employee's and employer's contributions are a fixed percentage of the employee's salary.
C) employee's contributions are discretionary and the employer's contributions are a fixed percentage of the employee's salary.
D) employer's contributions are discretionary and may depend on the company's financial performance for the year.

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