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 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...

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...