Which of the following statements concerning the inclusion in a decedent-employee’s gross estate of a lump-sum distribution from a qualified retirement plan to a beneficiary other than the employee’s estate is (are) correct?

Which of the following statements concerning the inclusion in a decedent-employee’s gross estate of a lump-sum distribution from a qualified retirement plan to a beneficiary other than the employee’s estate is (are) correct?

l. Lump-sum distributions of payments attributable to the employer’s contributions are excluded from the gross estate.

ll. Lump-sum distributions of payments attributable to the decedent-employee’s contributions are excluded from the gross estate.
A . l only
B . II only
C . Both l and II
D . Neither I nor II

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Answer: D