FINC355 Final Exam Latest 2017
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Question
Final exam
FINC 355: RETIREMENT AND ESTATE PLANNING
TRUE OR FALSE
1. Traditional 401(k) plans can be funded entirely through salary reductions by employees, enabling employers to bear no additional cost for employee compensation.
True
False 
2. A cash balance plan establishes a separate fund for each plan participant.
True
False 
3. Defined benefit plans provide more benefit security than do age-weighted or cross-tested plans.
True
False 
4. All group insurance programs offered to emplo...
- Exam (elaborations)
- • 18 pages's •
-
FINC355 Final Exam Latest 2017•FINC355 Final Exam Latest 2017
Preview 1 out of 18 pages
Question
Final exam
FINC 355: RETIREMENT AND ESTATE PLANNING
TRUE OR FALSE
1. Traditional 401(k) plans can be funded entirely through salary reductions by employees, enabling employers to bear no additional cost for employee compensation.
True
False 
2. A cash balance plan establishes a separate fund for each plan participant.
True
False 
3. Defined benefit plans provide more benefit security than do age-weighted or cross-tested plans.
True
False 
4. All group insurance programs offered to emplo...
FINC355 Final Exam Latest 2017
Question
Final exam
FINC 355: RETIREMENT AND ESTATE PLANNING
TRUE OR FALSE
1. Traditional 401(k) plans can be funded entirely through salary reductions by employees, enabling employers to bear no additional cost for employee compensation.
True
False
2. A cash balance plan establishes a separate fund for each plan participant.
True
False
3. Defined benefit plans provide more benefit security than do age-weighted or cross-tested plans.
True
False
4. All group insuran...
- Exam (elaborations)
- • 18 pages's •
-
FINC355 Final Exam Latest 2017•FINC355 Final Exam Latest 2017
Preview 1 out of 18 pages
FINC355 Final Exam Latest 2017
Question
Final exam
FINC 355: RETIREMENT AND ESTATE PLANNING
TRUE OR FALSE
1. Traditional 401(k) plans can be funded entirely through salary reductions by employees, enabling employers to bear no additional cost for employee compensation.
True
False
2. A cash balance plan establishes a separate fund for each plan participant.
True
False
3. Defined benefit plans provide more benefit security than do age-weighted or cross-tested plans.
True
False
4. All group insuran...
Question
Final exam
FINC 355: RETIREMENT AND ESTATE PLANNING
TRUE OR FALSE
1. Traditional 401(k) plans can be funded entirely through salary reductions by employees, enabling employers to bear no additional cost for employee compensation.
True
False 
2. A cash balance plan establishes a separate fund for each plan participant.
True
False 
3. Defined benefit plans provide more benefit security than do age-weighted or cross-tested plans.
True
False 
4. All group insurance programs offered to emplo...
- Exam (elaborations)
- • 14 pages's •
-
FINC355 Final Exam Latest 2017•FINC355 Final Exam Latest 2017
Preview 1 out of 14 pages
Question
Final exam
FINC 355: RETIREMENT AND ESTATE PLANNING
TRUE OR FALSE
1. Traditional 401(k) plans can be funded entirely through salary reductions by employees, enabling employers to bear no additional cost for employee compensation.
True
False 
2. A cash balance plan establishes a separate fund for each plan participant.
True
False 
3. Defined benefit plans provide more benefit security than do age-weighted or cross-tested plans.
True
False 
4. All group insurance programs offered to emplo...