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As Joe Burton’s financial advisor, you’ve encouraged Joe to see a lawyer to finalize his will and to resolve a legal dispute that has arisen over an easement on a lot that Joe owns. Joe tells you that he has a legal services plan at work that provides up to $1,000 in legal service fees per year. Because Joe is friends with the company accountant, he knows that his employer has a “pay-as-you-go” plan. Joe asks you about the tax consequences of using the legal services plan. You tell Joe

Disadvantages of a legal services plan include all of the following, except

In a profit sharing plan, it is common to use participant directed investment, meaning accounts can be invested at the participant’s direction.

The benefit formula of a DBO plan can be

Advantages of defined benefit plans include all of the following, except

Under the Affordable Care Act, all of the following are considered essential benefits, except

Which of the following would not be included in a retirement “fact finder”?

According to tax law, individuals with preexisting conditions can be excluded from participation in a group health plan for up to 18 months.

Which of the bones below is NOT part of the appendicular skeleton?

Calcium (Ca++) is essential to which process?