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An excess benefit plan is defined as:

A) A plan maintained by an employer solely for the purpose of providing benefits for certain employees in excess of the limitations on contributions and benefit imposed by code sec 415

B) A plan maintained by an employer for the purpose of providing deferred compensation for a select group of select management or highly compensated employees

C) A combination of defined benefit and defined contribution plans

D) A plan designed to provide a replacement ration that exceedsa highly compensated employee's $120,000 salary in 2017

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92365371

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