Which of the Following Is True About the Employer-Sponsored SIMPLE

Which of the following is true about the employer-sponsored SIMPLE IRA plan?

A) An employer that establishes a SIMPLE IRA plan must make either matching contributions or elective contributions.
B) Employers making matching contributions must match employee contributions up to 7 percent of the employee's compensation for the calendar year.
C) If an employer establishes a SIMPLE IRA plan,employees who received at least $2,000 in compensation during any prior tax years are eligible to participate for the current year.
D) SIMPLE IRA plans do not have to meet the nondiscrimination requirements,minimum participation/minimum coverage rules,and vesting rules applicable to other types of plans.