Author: Anonymous

A cash balance plan establishes a separate fund for each plan participant.

Which of the following is not a requirement for a trust to be treated as a designated beneficiary for required minimum distribution purposes?

Deductible moving expenses include reasonable costs for all of the following, except

Money purchase plans traditionally provide that the participant’s account balance is converted to an equivalent annuity at retirement, based on annuity rates provided in the plan.

A cross-tested plan uses a fixed age-weighted formula. The plan is designed to maximize benefits for a firm’s highly compensated employees while providing whatever is necessary for remaining employees to satisfy nondiscrimination regulations.

A target plan is a pension plan that uses an age-weighted contribution formula.

The Internal Revenue Code sets a maximum limit on the projected annual benefit that a defined benefit plan can provide.

Deductible moving expenses include reasonable costs for all of the following, except

Money purchase plans traditionally provide that the participant’s account balance is converted to an equivalent annuity at retirement, based on annuity rates provided in the plan.

A target plan is a pension plan that uses an age-weighted contribution formula.