Category: Uncategorized

Which one of the following IRC sections governs or regulates qualified plans?

Social Security integration

An executive loan is considered a welfare benefit plan under ERISA.

Disadvantages of loans to executives include each of the following, except

With a Roth IRA, there are no minimum distribution requirements at age 70 ½, as there are for traditional IRAs.

Tax deferred annuity plans allow employer contributions in addition to, or instead of, employee salary reductions

Dr. I. L. Pullem, Dr. Ben Shur, and Dr. Jana Whitebite, are dentists. They have two full-time and one part-time office staff as the only employees in a professional corporation. The doctors want to maximize tax-favored benefits for themselves and lessen benefits for their employees. They should consider a

Afton Granger is one of your clients. Recently, Afton received notice from the IRS that he will be audited this year. Afton’s employer has a legal services plan set up on a comprehensive basis that contains the most common exclusions. Can Afton use the legal services plan at his place of employment if he needs the services of a lawyer while contending with the IRS audit?

Advantages of a DBO plan include all of the following, except

Angela Winter’s employer had her relocate from Chicago to Phoenix earlier this year. Angela began working full time at her new location a week after the move 10 months ago. Angela can deduct her moving expenses as an above-the-line deduction.