The most likely reason behind the decision of Nazi officials toward sparing Jewish individuals decorated as World War I veterans until after the Second World War was B. They thought that executing veterans might look dishonorable in the eyes of German citizens.
The Final Solution to the Jewish question was a Nazi plan to exterminate all European Jews during the Second World War.
This Final Solution christened Operation Reinhard after Reinhard Heydrich, the chairman of the Wannsee Conference in 1942.
The Final Solution is captured in the Holocaust perpetrated against European Jews through the annihilation chambers and concentration camps.
Thus, most likely, the Nazi officials decided to spare the decorated Jewish veterans until after the war because of Option B.
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