Describes provision of section plan

Assignment Help Financial Management

Reference no: EM131556820

Which of the following statement(s) correctly describes a provision of a section 403(b) plan?

1. Assets within a 403(b) plan may be invested in individual securities

2. AN ERISA 403(b) may not include a vesting schedule

3. A 403(b) plan must pass the ACP test if it is an ERISA plan

4. In certain situations, a participant of a 403(b)plan can defer an additional $15,000 as a catch-up to the 403(b) plan.

Reference no: EM131556820

Questions Cloud

Difference in effective annual rates charged by two banks : What is the difference in the effective annual rates charged by the two banks with the steps

The implementation of wireless networks : Describe how organizations establish the five (5) COBIT IT governance focus areas: strategic alignment, value delivery, risk management.

Ethics and social responsibility : This assignment is designed to identify how decisions impact a business. Corporations have an obligation to be ethical at all times. For this assignment

Which company is offering more money for the first five year : SALARY COMPARISONS Markeeta, a recent college graduate, received two job offers. Company A offered her an initial salary of $48,800 with guaranteed annual.

Describes provision of section plan : Which of the following statement(s) correctly describes a provision of a section 403(b) plan?

Describe the development of sculpture : Describe the development of sculpture at the end of the nineteenth century. Use examples to support your essay.

Examine the many different types of attacks : select the two that you believe are the easiest for success and why you consider these the easiest for success.

Determine which of the sequences are geometric progressions : For each geometric progression, find the seventh term and the sum of the first seven terms.

What are the operating cash flows in years : what is the year zero net cash flow? what are the operating cash flows in years 1, 2, AND 3? what is the NPV of the Project?

User Account

All Pages