The writer is very fast, professional and responded to the review request fast also. Thank you.
1. Most retirement plans mandate that individuals be penalized for withdrawing funds prior to 59 ½ years of age. (true/False).
2. A SIMPLE IRA is available to employers with 95 employees who earned at least $5,000 in the prior year. (True/false).
3. The formula for determining the nontaxable portion of each year’s payment of an annuity stream is commonly referred to as the
a. exclusion ratio
b. safe harbor percentage
c. inclusion ratio
d. expected return liability
4. If a trust has been designated as the beneficiary of a retirement plan or account, then the beneficiaries of the trust
a. may not necessarily be identifiable from the trust document
b. should take steps to have the trust changed from irrevocable to revocable
c. should take steps to see that the trust administrator does not designate a charity to be a beneficiary
d. can qualify as “designated beneficiaries”
5. The premature distribution penalty exception for substantially equal periodic payments (SEPP)
a. allows for alteration of distribution amounts on account of disability
b. prescribes that payments must be made at least annually for five successive years, if payments begin at age 50
c. is erased if distribution amounts in any one year exceed $20,000.
d. is valid only when tax is payable within the first eighteen months from the date of modification
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more