« previous next »

Author Question: Leroy has a formal retirement plan based on his final years' average salary and years of service at ... (Read 77 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?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Menstrual cycle summary based on a 28-day (average) menstrual cycle. Menstrual cycle summary based on a 28-day (average) menstrual cycle.
Average Chemical Composition of the Geosphere Crust Average Chemical Composition of the Geosphere Crust
The battle plan of the body’s defenses. The battle plan of the body’s defenses.
Calculation of Joint Probability of a Genotype Based on Seven CODIS STR Markers Calculation of Joint Probability of a Genotype Based on Seven CODIS STR Markers
Acoelomate body plan of a flatworm Acoelomate body plan of a flatworm
Sea Star Body Plan Sea Star Body Plan
Video: What is Reverse Osmosis?

For a complete list of videos, visit our video library