Which of the following statements is incorrect?
A) Tax-deferred plans have an accumulation period and a distribution period.
B) Normally,if a retirement plan is funded with dollars that have already been taxed,the distributions will be taxed.
C) During the accumulation period of a qualified retirement plan no taxes are due on the earnings from the plan investments.
D) Contributions to retirement plans are often limited in amount.
Correct Answer:
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