Which statements correctly describe the manner

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Problem 1: All the following statements correctly describe the manner in which money purchase pension plans are treated by the tax law EXCEPT:

A. They are subject to the minimum funding requirement of the tax law that applies to defined benefit arrangements.
B. They are subject to the joint-and-survivor requirements of the tax law that apply to defined benefit arrangements.
C. Individual accounts must be maintained for employees.
D. They are subject to the annual limits of Section 415 of the Internal Revenue Code.
E. They are subject to plan termination provisions of the Employee Retirement Income Security Act (ERISA).

Reference no: EM132937121

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