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Which of the following correctly describe taxation of an insured death benefit received by a beneficiary from a qualified plan?(I)the pure insurance element is normally income tax free(II)100% of the benefit is distributed tax free(III)non-death benefit distributions are taxed as qualified plan distributions(IV)Table 2001 costs paid by the participant may not be recovered tax free

Which of the following is true regarding health care costs?

Group-term life insurance is a “welfare benefit plan'”subject to ERISA requirements.

Employer reimbursement of an employee’s expenses for educating the employee’s children is considered taxable income to the employee.

In qualified retirement plans, employers get a tax deduction when an employee retires and draws down their company retirement funds.

The only purpose of life insurance is to provide financial support for the family of younger executives in the event of premature death.

All of the following are examples of nondeductible moving expenses, except

To gain a tax advantage, an employer must make dependent care assistance available to all employees in a nondiscriminatory manner. This means that no employee can be excluded.

Which of the following is an unforeseeable emergency that would permit distributions from a Section 457 plan?

All of the following are examples of nondeductible moving expenses, except