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Which of the following employers can offer a Section 457 plan?

A savings plan is subject to ERISA reporting and disclosure rules.

Winston Cantrell earns $70,000 annually as a business professor at Greenlaw University. Winston is a participant in the university’s defined benefit plan. Five years ago, he began doing some management and marketing consulting for small business owners. He now earns $35,000 a year as a self-employed person in addition to his university income. Winston is considering adopting a money purchase Keogh for this self-employed business. As his financial advisor, you tell Winston

Under a nonqualified deferred compensation plan, constructive receipt occurs in which of the following?

George Hooper, owner of Hooper Drilling and Excavating, is considering making a $50,000 loan to a top executive. George has asked you to explain the regulations that apply to such a loan. You tell George all of the following, except

A unit credit formula is based on the employee’s age.

If a new employee would have to sell her house at a loss to be able to relocate for a new job, the best option from a tax standpoint would be

Under a nonqualified deferred compensation plan, constructive receipt occurs in which of the following?

George Hooper, owner of Hooper Drilling and Excavating, is considering making a $50,000 loan to a top executive. George has asked you to explain the regulations that apply to such a loan. You tell George all of the following, except

If a new employee would have to sell her house at a loss to be able to relocate for a new job, the best option from a tax standpoint would be