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What is the maximum amount of premium that a qualified plan may generally allocate to...

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Accounting

What is the maximum amount of premium that a qualified plan may generally allocate to the purchase of life insurance in the plan?
a. Less than 10% of the amount to fund all benefits under the plan
b. Less than 25% of the amount to fund all benefits under the plan
c. Less than 35% of the amount to fund all benefits under the plan
d. Less than 65% of the amount to fund all benefits under the plan

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