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In general terms, a number of transactions are prohibited between the plan and certain people, including: a fiduciary, a person providing service to the plan, an employer, an owner, or an employee organization. Which one of the following correctly identifies the term used to describe these people?

To qualify for the credit for qualified retirement savings contribution, the taxpayer must

All of the following are examples of nondeductible moving expenses, except

Which of the following is true of fully insured pension plans [IRC Section 412(e)(3) plans]?

Jane Qualy, an employee of Brighton Enterprises, and her husband Jim met with Alice Mony, a financial planner at Brighton. Jane and Jim talked with Alice about ways to fund their children’s education and the asset allocation in Jane’s 401(k) plan at Brighton. These financial planning services are considered as income and taxable to Jane.

To gain a tax advantage, an employer must make dependent care assistance available to all employees in a nondiscriminatory manner. This means that no employee can be excluded.

The only purpose of life insurance is to provide financial support for the family of younger executives in the event of premature death.

Which of the following is an unforeseeable emergency that would permit distributions from a Section 457 plan?

All of the following are examples of nondeductible moving expenses, except

Jane Qualy, an employee of Brighton Enterprises, and her husband Jim met with Alice Mony, a financial planner at Brighton. Jane and Jim talked with Alice about ways to fund their children’s education and the asset allocation in Jane’s 401(k) plan at Brighton. These financial planning services are considered as income and taxable to Jane.