Match the descriptions with their terms:
-Although prior to 1986 many employers were allowed to specify a/an _________________, this practice is not permitted now for most jobs.
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
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
Q22: Match the descriptions with their terms:
-_ must
Q24: Match the descriptions with their terms:
-A/An _
Q25: Match the descriptions with their terms:
-Retirement plans
Q26: Match the descriptions with their terms:
-By exercising
Q27: Match the descriptions with their terms:
-_ keep
Q28: Match the descriptions with their terms:
-A/An _
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