Which is income tax advantage of all qualified pension plans

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Problem 1: Which of the following is (are) (an) income tax advantage(s) of all qualified pension plans?

I. Within limits, employer contributions are tax deductible to the employer.

II. Investment income on plan assets accumulates tax free until distributed.

III. Benefits at retirement are tax free to a retired employee.

A. I only

B. I and II only

C. I and III only

D. II and III only

E. I, II and III

Reference no: EM132937125

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