The annual addition to an employee's account in a qualified retirement plan:
Can be any amount as determined by the employer from year to year
Must be the same dollar amount for every full-time employee
Cannot exceed maximum limits set by the Internal Revenue Service
Usually reflects the employee's individual work performance each year
Comprehensive and Detailed Step by Step Explanation:
Qualified retirement plans are regulated by IRS rules:
Contributions cannot exceed IRS limits (C), which are updated annually.
Contributions are not arbitrarily determined by employers (A) or based on employee performance (D).
Employers may make varying contributions, invalidating (B).
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