Question
Build Corporation communicated several goals to its financial adviser when it decided to implement a qualified retirement plan for the company. After reviewing these goals,
Build Corporation communicated several goals to its financial adviser when it decided to implement a qualified retirement plan for the company. After reviewing these goals, the adviser recommended that Build Corporation implement a defined benefit pension plan. Which of the following statements regarding employers who are candidates for a defined benefit pension plan are CORRECT?
I. Typically, they have the objective of instituting a plan with highly predictable costs.
II. They indicate that the desire to provide a tax shelter for key employees outweighs the need for an administratively convenient plan.
III. They want benefit levels guaranteed.
IV. They want a simple and inexpensive plan
.Question 8 options:
A. | II and III |
B. | I and IV |
C. | I, II, III, and IV |
D. | I, II, and III |
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