Question

Which of the following types of qualified retirement plans do NOT allow integration with Social Security?

A) Traditional defined benefit pension plan
B) Money purchase pension plan
C) Profit-sharing plan
D) Employee stock ownership plan (ESOP)

Answer 1

Employee stock ownership plan (ESOP) does not allow integration with Social Security.D) Employee stock ownership plan (ESOP)

Step-by-step explanation:

The type of qualified retirement plan that does NOT allow integration with Social Security is the Employee stock ownership plan (ESOP).