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The owners of MegaStat Corporation have asked for your help in designing a health benefit program for retirees. The owners tell you that they need a plan that has a low initial cash flow, is simple to implement, and has no nondiscrimination requirements to meet. You recommend

Premiums for commercial health insurance contracts include all of the following except

Capital needs at death can have a significant impact in any planning scenario. Which of the following is a reason to include this area when doing retirement planning?

Reed Collier works for Database Administration, Inc. He has an informally funded nonqualified deferred compensation plan. Database Administration, Inc. can use life insurance to fund this plan.

MasterMind, Inc., a publicly traded firm, is considering loaning a top executive $40,000 to entice him to relocate and manage a new branch office. Owners of MasterMind, Inc. need to be informed that such action violates the law.

Which of the following represents both the age after which an individual may no longer establish a non-rollover traditional IRA and the trigger point for beginning required distributions?

Alice Compton, owner of Fashion Design, wants to offer a retirement plan that will give her employees an incentive to maximize their performance. Alice should consider a

A leveraged ESOP can borrow funds to acquire company stock. The employer can make a tax-deductible contribution to the ESOP that lets the trustee repay the loan principal and interest.

For bonuses paid after the end of the taxable year, what is the maximum amount of time the company can delay paying the bonus and still be allowed to deduct the payment?

Employer contributions to purchase life insurance within a qualified plan are not tax-deductible.