RST Company offers a qualified retirement plan. Each employee contributes 4 percent of his or her pretax income to the plan, and RST matches the employee's contribution.
An employee's benefit at retirement is determined by his or her account balance at the time of retirement. What type of retirement plan does RST offer?
A) defined benefit, flat percentage of annual earnings
B) defined benefit, flat dollar amount for all employees
C) defined benefit, unit-credit formula
D) defined contribution money purchase plan
Question 2
Which of the following statements is (are) true with respect to SIMPLE retirement plans?
I. Only large employers can start a SIMPLE plan, provided the employer does not maintain another qualified plan.
II. SIMPLE plans are exempt from most nondiscrimination and administrative rules that apply to qualified plans.
A) I only
B) II only
C) both I and II
D) neither I nor II
Independent assortment produces 50 percent recombinants
The proboscis monkey demonstrates that large gut size contributes to a lower EQ.
Sample Teaching Plan for Hypertension Cont.
Basic Food Group Choices for a 1,200 Calorie Eating Plan
Nursing Care Plan Process: Client with High Blood Lipid Levels
Belief that premarital sex is “not wrong at all,” Canada, 1975—2016 (in percent)