Which of the Following Statements Represents a Major Advantage of a Deferred

question 92

Multiple Choice

Which of the following statements represents a major advantage of a deferred profit-sharing plan?

• A)Employees are usually offered a choice in how the funds are invested.
• B)The funds are secured from company revenues.
• C)Contributions and any investment income earned remains tax sheltered until retirement.
• D)Employees are guaranteed a fixed benefit upon retirement.

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