In a Qualified Pension Plan, Contributions (Up to Some Extent)

question 35

True/False

In a qualified pension plan, contributions (up to some extent) and earnings thereof are tax-exempt.

---

Definitions:

Resistance

The opposition that a substance offers to the flow of electric current.

Resistance

A measure of how much a material or device resists the passage of an electrical current, resulting in electrical energy being converted into heat.

Force

An interaction that, when unopposed, will change the motion of an object. It can cause an object with mass to change its velocity.

Applied Voltage

The electric potential difference put across a device or circuit that starts the current flow.