Which of the Following Statements Regarding Contributions to Defined Contribution

question 43

Multiple Choice

Which of the following statements regarding contributions to defined contribution plans is true?

• A)Employer contributions to a defined contribution plan are not limited by the tax law.
• B)Employee contributions to a defined contribution plan are not limited by the tax law.
• C)An employee who is at least 60 years of age as of the end of the year may contribute more to a defined contribution plan than an employee who has not reached age 60 by year-end.
• D)The tax laws limit the sum of the employer and employee contributions to a defined contribution plan.

---

Definitions:

Medulla Oblongata

The lower part of the brainstem, controlling vital functions such as breathing, heart rate, and blood pressure.

Brainstem

The lower extension of the brain, connecting to the spinal cord, and responsible for controlling vital functions such as breathing and heart rate.

Spinal Cord

A long, thin, tubular structure made up of nervous tissue, which extends from the brainstem to the lower back and transmits neural signals between the brain and the rest of the body.

Hypothalamus

A region of the brain located below the thalamus, responsible for the regulation of many bodily functions, including temperature, hunger, and the release of hormones.