An Employer with a Qualified Defined Contribution (Profit Sharing) Plan

question 33

True/False

An employer with a qualified defined contribution (profit sharing) plan is required to make an annual contribution to the plan.

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Definitions:

Fair Trade

A social movement and market-based approach that aims to help producers in developing countries achieve better trading conditions and promote sustainability.

Free Trade

An economic policy allowing imports and exports between countries with little or no government tariffs, quotas, subsidies, or prohibitions to inhibit their exchange.

International Investment Portfolios

involve the diversification of investments across global markets to optimize returns and minimize risks.

Investment Securities

Financial instruments, such as stocks or bonds, that represent an ownership interest, or a debt obligation, that can be bought or sold.