Which of the Following Is Not True Regarding Minimum Standards

question 62

Multiple Choice

Which of the following is not true regarding minimum standards under the Employee Retirement Income Security Act?

• A)The minimum standards for pension plans must be met for the employee pension plans to  qualify for preferential tax treatment.
• B)Preferential tax treatment enables an employer to deduct contributions to qualified benefit plans immediately.
• C)ERISA does not consider the deductions as income to participating employees until they receive the payments after retirement.
• D)Compliance to ERISA minimum standards by qualifying their benefit plans is mandatory.

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Definitions:

Rogerian Psychotherapy

A form of therapy developed by Carl Rogers, emphasizing unconditional positive regard, empathy, and the therapeutic alliance to facilitate personal growth.

Psychological Adjustment

The process by which individuals maintain or return to a state of mental health and well-being through adapting to life's demands and stresses.

Ideal Views

The conceptions or perceptions of perfection or high standards in certain situations, often used as benchmarks or aspirations.

Fully Functioning Person

A term in humanistic psychology describing an individual who is living in tune with their deepest feelings, desires, and impulses, achieving self-actualization and personal growth.