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Business, 25.02.2022 16:50 katherine78

Section 403(b) plan (tax-sheltered annuity plan or TSA) employer contributions I. must abide by the annual additions limit.
II. must not discriminate in favor of highly compensated employees.
III. are based on a maximum annual covered compensation of $230,000 in 2021.
IV. are subject to FICA (Social Security and Medicare) and FUTA (federal unemployment) payroll taxes.
A. I, II, and III
B. I and II
C. II, III, and IV
D. III and IV

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