What must be true for a pension plan to be deemed a qualified plan?

A. It must not be a cafeteria-style plan.
B. It must not discriminate in favor of an organization's highly compensated employees.
C. It has to be a defined-benefit plan that requires most of the funding to come from the employer.
D. It has to be a defined-contribution plan.
E. It should include elder care and child care.


Answer: B

Business

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