What impact would the retirement of a highly compensated employee have on a money-purchase pension plan...

What impact would the retirement of a highly compensated employee have on a money-purchase pension plan assuming that the replacement employee is offered a significantly lower wage?

Group of answer choices

No effect

Decrease employer contributions

Increase employer contributions

Solutions

Expert Solution

Decrease employer contributions

the above is answer

because of lower wage contributions will decline

jeff jeffy answered 2 years ago

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