Pension plans do not automatically fulfill the nondiscrimination requirement if they fall in safe harbors.(Qualified vs.Nonqualified Plans)
Correct Answer:
Verified
Q20: Forfeitures come from the accounts of employees
Q21: Only one event triggers a mandatory distribution:
Q22: The average benefit test is a method
Q23: The present value of benefits based on
Q24: Defined contribution plans guarantee particular benefit amounts
Q26: Employees can participate in pension plans after
Q27: Under a defined benefit plan,the benefit is
Q28: In defined contribution plans,employees vest in gross
Q29: The IRC limit on maximum annual benefit
Q30: This type of hybrid plan is based
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