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For purposes of PTE 92-6, disqualified people who could not purchase life insurance for you from a qualified plan include your sibling’s spouse.

A sole proprietor must have employees to establish a Keogh retirement plan.

Bane Industries, Inc. has 1,000 employees. The average age of the workforce at Bane is 45, and 80% of the workers earn a mid-range income. Ten percent of workers are highly compensated, and 10% of workers are low-wage workers. Advantages of using a cash balance plan at Bane Industries include

What is the usual tax treatment of unfunded severance plan payments?

For the planning process, it is helpful to have employee census information for

What is the maximum allowable deduction an employer can take for compensation for services that are not rendered before the end of the taxable year for which the deduction is claimed?

The maximum excess allowance can be no greater than the

Which of the following terms identify a type of employer (not employee) contribution to a 401(k) plan?(I)salary reduction(II)formula matching(III)discretionary matching(IV)pure discretionary

The employer must prepare a summary plan description to meet ERISA requirements. The employer can also use a summary plan description to

For a self-employed individual, “earned income” takes the place of “compensation” in applying the qualified plan rules.