Author: Anonymous

A self-employed person can use a money purchase plan to fund his or her own retirement.

A children’s daycare center must be located at the employer’s place of business to be tax-deductible to the employer.

The amount of death benefit provided for an employee in a combination plan is determined by using the

All of the following statutory provisions would allow deferred compensation beyond the annual dollar limit, except

When a key employee dies, key employee life insurance provides the employer with liquid assets to facilitate control of corporate operations.

Advantages of using life insurance in a qualified plan include all of the following except

An employee cannot be covered under both a defined benefit and a defined contribution plan.

When a key employee dies, key employee life insurance provides the employer with liquid assets to facilitate control of corporate operations.

A tax deferred annuity plan can invest in all of the following, except

Split dollar life insurance plans must generally be terminated at approximately age 65 because the employee’s tax cost for the pan rises sharply at later ages.