Employers Seek to Qualify Their Pension Plans Under the IRS

Employers seek to qualify their pension plans under the IRS provisions because ________.

A) once a pension plan is qualified, the employees begin to pay taxes for the amount of money invested in the pension plan by them as well as the employer
B) once a pension plan is qualified, the <keyterm id="ch08term10" role="strong" preference="0">Pension Benefit Guarantee Corporation</keyterm> begins contributing to the pension plan in place of the employer
C) by qualifying the pension plan, an employer can deduct pension contributions made to the qualified plan as business expenses for tax purposes
D) by qualifying the pension plan, an employer can prevent union members from receiving the benefits of the pension plan