Question
1. What are the disadvantages in general of a qualified plan? 2. What is a defined contribution plan? Explain in detail with examples. 3. What
1. What are the disadvantages in general of a qualified plan?
2. What is a defined contribution plan? Explain in detail with examples.
3. What is ERISA? How does ERISA protect employees?
4. What is a cash balance plan? Explain in detail
5. What is a defined contribution plan? Explain in detail.
6. What is a pension plan?
7.How does a pension plan differ from a profit sharing plan?
8. What type of plan must always meet funding standards? Under what section of the Internal Revenue Code (IRC) are there standards required? Again detailed explanation is required.
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