Which of the following statements about non-qualified employer-sponsored retirement plans is false?
A) An employer does not have to offer the plan to all employees over 21 years old.
B) The earnings on the plan's contributions remain untaxed until they are withdrawn.
C) The plan does not have to abide by ERISA's vesting requirements.
D) The plan may be either funded or unfunded.
Correct Answer:
Verified
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