Match the descriptions with their terms:
-_________________ allows an employer to make higher contributions for employees who have an income level above a chosen integration level.
A) 401(k) plan
B) Allocated plans
C) defined benefit plan
D) defined contribution plan
E) Keogh plans
F) lump-sum distribution option
G) Mandatory retirement age
H) normal retirement age
I) Permitted disparity
J) Qualified plans
K) rollover
L) Section 403(b) plans
M) Unallocated plans
Correct Answer:
Verified
Q11: Pensions are usually paid out in the
Q12: Lump-sum distributions from employer sponsored pension plans
Q13: Permitted disparity allows a certain degree of
Q14: Vesting deals with the degree to which
Q15: The Pension Benefit Guarantee Corporation (PBGC) is
Q17: Match the descriptions with their terms:
-A/An _
Q18: Match the descriptions with their terms:
-_ require
Q19: Match the descriptions with their terms:
-An IRA
Q20: Match the descriptions with their terms:
-The _
Q21: Match the descriptions with their terms:
-_ are
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