Which of the following is true regarding negative elections? A negative election is a provision whereby the employee is deemed to have elected a specific deferral unless the employee specifically elects out of such election in writing. Negative elections are no longer approved by the IRS. When an employer includes a negative election in its qualified plan, the employer must also provide 100% immediate vesting. a. 1 b. 1&3 c. 2&3 d. All the above
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Home » Business » Which of the following is true regarding negative elections? A negative election is a provision whereby the employee is deemed to have elected a specific deferral unless the employee specifically elects out of such election in writing.