All of the Following Statements About 403(b)plans Are Correct EXCEPT

question 26

Multiple Choice

All of the following statements about 403(b) plans are correct EXCEPT

• A)Contributions to a 403(b)reduce an employee's taxable income.
• B)403(b)plans are designed for employees of public school systems and tax-exempt organizations.
• C)The law limits the amount of income that an employee can elect to defer under a 403(b)plan.
• D)Matching employer contributions are not permitted under a 403(b)plan.

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Definitions:

Nonverbal Feedback

Communication cues provided without the use of spoken language, like gestures, facial expressions, and posture, indicating reactions or feelings.

Responding Stage

A phase in communication where feedback is given to the sender after receiving a message.

Oral Communication

The process of verbally conveying messages, ideas, or information from one person to another.

Poor Listening

The act of failing to effectively receive or interpret messages during the communication process.