LN Inc. offers a Roth IRA retirement plan to all its employees. Which of the following is true in this context?
A. The plan will not be beneficial for young employees because of its long-term implications.
B. The plan allows for nondeductible contributions and tax-free withdrawals with certain restrictions.
C. The plan requires the employer to contribute up to 25 percent of an employee's total salary, with a maximum of $49,000.
D. The plan mandates employees below the age 35 to contribute an additional $1,000 per year.
Answer: B
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