× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
New Topic  
Abimelech Abimelech
wrote...
Posts: 707
Rep: 0 0
7 years ago
Employee contributions to a qualified retirement plan are usually tax-deferred until the employee retires.
A) True
B) False
Textbook 
Managing Human Resources

Managing Human Resources


Edition: 8th
Authors:
Read 212 times
1 Reply
An honest man in politics shines more there than he would elsewhere - Mark Twain

Related Topics

Replies
wrote...
7 years ago
True

Qualified retirement plans meet the Internal Revenue Code requirements and the Employee Retirement Income Security Act of 1974 (ERISA) requirements. These plans offer several tax benefits: they allow employers to deduct annual allowable contributions for each participant; contributions and earnings on those contributions are tax-deferred until withdrawn for each participant; and some of the taxes can be deferred even further through a transfer into a different type of IRA.
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1755 People Browsing
Related Images
  
 1373
  
 8714
  
 386
Your Opinion
Who's your favorite biologist?
Votes: 608