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Which of the following is TRUE about a qualified retirement that is “top heavy”? More than 30% of plan assets are in key employee accounts More than 40% of annual additions are for key employee accounts More than 50% of plan assets are in key employee accounts More than 60% of plan assets are in key employee accounts

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Which of the following is TRUE about a qualified retirement that is “top heavy”?
More than 30% of plan assets are in key employee accounts
More than 40% of annual additions are for key employee accounts
More than 50% of plan assets are in key employee accounts
More than 60% of plan assets are in key employee accounts

 
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