An adoption assistance program is a separate written plan that meets all of the following requirements except:
A)Employees does not have to provide reasonable substantiation.
B)Notice of the program is provided to eligible employees.
C)Program does not pay more than 5 percent of its benefits to shareholders or owners during the calendar year.
D)Specific rules apply to more than 5 percent owners and highly compensated employee.

Question

Quizplus · Accepted Answer

All other options are requirements for an adoption assistance program under IRS regulations. However, employees must provide reasonable substantiation to receive benefits under the program.

An Adoption Assistance Program Is a Separate Written Plan That