Which of the following is TRUE regarding the IRS Section 457 plan?

Have you ever struggled to answer the question “Which of the following is TRUE regarding the IRS Section 457 plan?” in relation to the concept of in relation to the concept of Insurance? There’s no need to worry about it anymore. This post contains the correct answer to your question.

Which of the following is TRUE regarding the IRS Section 457 plan?

Options:

  • A. It is a deferred compensation plan
  • B. Contributors to the plan re unlimited
  • C. It is a plan for the public educators and nonprofit organizations
  • D. Contributors and earnings are tax deductible

The Correct Answer Is:

  • A. It is a deferred compensation plan

Conclusion

The answer to your question “Which of the following is TRUE regarding the IRS Section 457 plan?”¬†should now be clear for you. I appreciate you coming here to find the answer to your question and best wishes for your preparation related to various topics of Insurance.

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