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A Popular Defined-Contribution Plan Whereby Employees Contribute Pretax Dollars Which

Question 62

Multiple Choice

A popular defined-contribution plan whereby employees contribute pretax dollars which are then matched by the employer is known as:


A) money purchase plans.
B) Section 401(k) plans.
C) profit-sharing plans.
D) ERISA benefit plans.
E) employee stock ownership plans (ESOPs) .

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