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:

Memory Cells

Specific types of immune cells that remember past infections and can quickly respond to repeated exposures to the same pathogen.

Antigen

A substance that can induce an immune response, often seen as foreign by the body's immune system.

Species Resistance

The natural ability of a species to resist or fend off infections and diseases due to inherent genetic or physiological factors.

Naturally Acquired

Immunity or resistance developed through natural exposure to pathogens rather than through vaccination.