What are some tax consequences related to a qualified pension plan?

Question

Quizplus · Accepted Answer

Employer contributions to a qualified pension plan are generally tax deductible when made. In addition, employees are not taxed on contributions until distributions are received from the plan. However, earnings on the contributions are taxable to the employee as they are earned. Therefore, the best choice is D, which includes both employer contributions being deductible when made and employees being taxed only when they receive distributions from the plan.

What Are Some Tax Consequences Related to a Qualified Pension