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Which of the following terms are used to describe funding in a combination plan?(I)whole life policy(II)side fund(III)conversion fund(IV)envelope fund

Maria Valquez is a public school teacher. Her employer provides a tax deferred annuity (TDA). She began working for this employer 4 years ago and started her TDA at that time. Over those 4 years, she has contributed $1,000, $2,500, $3,000, $3,000 to her TDA through salary reduction. Her employer matches $1 for $1 up to $100 and offers graded vesting at the rate required by law for TDA accounts. Currently, Maria’s vested interest in the plan is

Requirements for participant loans from qualified retirement plans include which of the following:

Maria Valquez is a public school teacher. Her employer provides a tax deferred annuity (TDA). She began working for this employer 4 years ago and started her TDA at that time. Over those 4 years, she has contributed $1,000, $2,500, $3,000, $3,000 to her TDA through salary reduction. Her employer matches $1 for $1 up to $100 and offers graded vesting at the rate required by law for TDA accounts. Currently, Maria’s vested interest in the plan is

Expenses of a legal services plan are tax-deductible for the employer.

Which of the following are requirements [as set out in Code section 4975(d)(1)] that must be met before loans from a qualified plan may be allowed?(I)loans are available to all participants and beneficiaries on a reasonably equivalent basis(II)loans are not made available to highly compensated employees in an amount greater than for other employees(III)loans bear reasonable rates of interest(IV)loans are adequately secured

Arthur Beech turned 67 this year. Arthur has a split dollar plan with his employer, Seashore Rental Properties. Arthur could replace this split dollar plan with a DBO plan and reduce his expenditures for insurance while still retaining a death benefit.

When rolling over an existing IRA to a Roth IRA, all of the following are true except

An employee who receives tax-free benefits under a dependent care plan also can use the dependent care tax credit on their personal tax return as long as legal maximums related to total dollar amount of dependent care are not exceeded.

When installing a DBO plan, the corporation is required to file a plan document with the government in addition to any ERISA reporting requirements.