Arizona State University BUS BUS MISC provide solutions111 War and Economic Recovery Imperial forces have…

Arizona State University BUS BUS MISC provide solutions111 War and Economic Recovery Imperial forces have…

Betty was able to join her company’s defined contribution pension plan this past month because she became eligible to do so. Identify which of the following statements are true with respect to employer’s contribution into the pension plan on betty’s behalf:

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1. The employer’s contributions will be considered a taxable benefit to Betty.

2. The employer’s contributions will not be considered a taxable benefit to betty.

3. The employer’s contributions are a tax-deductible expense to business.

4. The employer’s contributions are not a tax-deductible expense to business.

a. 2 and 3

b. 1 and 3

c. 2 and 4

d. 1 and 4

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