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10 Cards in this Set
- Front
- Back
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Employer contributions to qualified plans are ? |
tax dedcutibile by the employer |
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Unders a 10-year vesting schedule, what percentage of employer contributions must be vested after 10 years of service? |
100% |
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Non deductible contriutions are typically associated with a ? |
Roth IRA |
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What area of group health insurance is regulated under the employee retirement security act of 1974 (ERISA) |
Disclosure and reporting |
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ESOPs are typically invested in |
employer stock |
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what does ESOP stand for ? |
employee stock ownership plan |
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Retirement plans cannot favor highly compensated employs. The government regulation that prevents this from happening is called? |
Nondiscrimination |
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Retirement plans are prevented from favoring hgihly compensated employeed under which government regulation ? |
nondiscrimination |
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How are ROTH IRA's treated for tax purposes ? |
non- deductable contributions and tax-free distributions |
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Dana is an employee who deposits a percentage of her income into her individual anuity. Her company also contributes a percentage into a seperate company pension plan. what kind of annuity is this considered? |
qualified retirement annuity |
