Which of the Following Is True Concerning Employer Funding of Nonqualified

question 133

Multiple Choice

Which of the following is true concerning employer funding of nonqualified deferred compensation plans?

• A)Employers are required to invest salary deferred by employees in investments specified by the employees.
• B)Employers are required to annually fund their deferred compensation obligations to employees.
• C)Employers annually deduct the amount earned by employees under the plan.
• D)Employers may discriminate in terms of who they allow to participate in the plan.

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Definitions:

Genetic Material

Molecules inside cells that carry genetic information, primarily DNA or RNA, responsible for inheritance and guiding the development of organisms.

Genetic Mutations

Changes or alterations in the DNA sequence of an organism's genome, which can lead to variations in physical traits or cause diseases.

Human Existence

The state or fact of living or being alive; particularly relevant to the unique experiences of being human.

Germ Cells

Reproductive cells that give rise to sperm and ova, which are essential for sexual reproduction and the transfer of genetic information to offspring.