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Which of the following statements regarding contributions to defined contribution plans istrue?A) Employer contributions to...

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Accounting

Which of the following statements regarding contributions to defined contribution plans istrue?A) Employer contributions to a defined contribution plan are not limited by the tax law.B) Employee contributions to a defined contribution plan are not limited by the tax law.C) An employee who is at least 60 years of age as of the end of the year may contributemore to a defined contribution plan than an employee who has not reached age 60 byyear-end.D) The tax laws limit the sum of the employer and employee contributions to a definedcontribution plan.

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