« previous next »

Author Question: Leroy has a formal retirement plan based on his final years' average salary and years of service at ... (Read 38 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
on: Jul 6, 2018
Leroy has a formal retirement plan based on his final years' average salary and years of service at Royce Pharmaceuticals. Which type of plan does Leroy most likely have?
 
  A) defined contribution
  B) defined benefit
  C) cash balance
  D) 401(k)

Question 2

Retirement plans that qualify for preferential tax treatment are referred to as ________.
 
  A) tax exempt plans
  B) qualified plans
  C) tax efficient plans
  D) nonqualified plans


firehawk60

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jul 6, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Milestones of Gross Motor Development in Infancy Age ranges provided are for 90% of American infant Milestones of Gross Motor Development in Infancy Age ranges provided are for 90% of American infant
Performing Transmission-Based Precaution: Isolation Techniques Performing Transmission-Based Precaution: Isolation Techniques
U.S. adults from 25 to 74 years report that the largest proportion of their daily stressors arise ... U.S. adults from 25 to 74 years report that the largest proportion of their daily stressors arise ...
Plan of the Anu Ziggurat and White Temple Plan of the Anu Ziggurat and White Temple
Life Cycle Nutrition: Toddlers through the Later Years Life Cycle Nutrition: Toddlers through the Later Years
Carbon Dioxide Concentrations for 400,000 years Carbon Dioxide Concentrations for 400,000 years
Video: Monohybrid crosses

For a complete list of videos, visit our video library