Under ERISA, which of these is not required of a qualified plan?
A) Plans must cover all full-time employees with at least one year of service.
B) Plans should not provide disproportionately high benefits to the highly compensated employees.
C) Defined benefit plans must be funded in advance according to ERISA requirements.
D) All employees must receive the same percentage of wages as benefits.
Correct Answer:
Verified
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