retirement planing employee benefits questions are in document

51. Which one of the following plans provides for employee salary reduction contributions? A. a section 401(k) plan B. a SEP/IRA 52. Which one of the following plans is considered to be a pension plan? A. a money purchase plan B. a stock bonus plan 53. Which one of the following plans is permitted to use 5 year cliff vesting? A. a profit sharing plan B. a defined benefit plan 54. Which one of the following plans must meet special nondiscrimination rules? A. a cash balance plan B. a Section 401(k) plan 55. Which one of the following plans may only be established by a Section 501 organization? A. a Section 403(b) plan B. a Section 457 plan 56. Which one of the following plans provides that contributions must be made solely in employer stock? A. a stock bonus plan B. an ESOP 57. Which one of the following equity-based options may result in the denial of an employer tax deduction at any time? A. an ISO B. a NQSO 58. Which one of the following plans is considered to be a profit sharing plan? A. a stock bonus plan B. a cash balance plan 59. Which one of the following plans is insured by the PBGC? A. a defined benefit plan B. a profit sharing plan 60. Which one of the following plans is no longer permitted to be established under law? A. a SARSEP B. a SIMPLE 401(k) plan