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Qquestions 56-60
retirement planning
Mmultiple choice
56. Which one of the following plans is considered to be a type of pension plan?a) A money purchase planb) A stock bonus plan57. ERISA asset protection may apply to which one of the following plans?a) A Section 403(b) planb) A Roth IRA58. Which one of the following plans or accounts provides for non-taxable earnings that are partof a “qualified distribution”?a) A Roth IRAb) A traditional non-deductible IRA59. Which one of the following plans or accounts may only be rolled over to a Roth IRA?a) A Roth IRAb) A traditional deductible IRA60. Which one of the following plans or accounts features a greater annual contribution limit?a) A Roth IRAb) A designated Roth account
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