Match the descriptions with their terms:
-The _________________ generally is stated in a pension plan and represents the earliest age at which the employee can retire and receive full pension benefits.
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
Q15: The Pension Benefit Guarantee Corporation (PBGC) is
Q16: Match the descriptions with their terms:
-_ allows
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
Q21: Match the descriptions with their terms:
-_ are
Q22: Match the descriptions with their terms:
-_ must
Q23: Match the descriptions with their terms:
-Although prior
Q24: Match the descriptions with their terms:
-A/An _
Q25: Match the descriptions with their terms:
-Retirement plans
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