Pension FundsI) Accept Contributions from Employers, Which Are Tax Deductible

question 19

Multiple Choice

Pension fundsI) accept contributions from employers, which are tax deductible.II) pay distributions that are taxed as ordinary income.III) pay benefits only from the income component of the fund.IV) accept contributions from employees, which are not tax deductible.

• A) I and IV
• B) II and III
• C) I and II
• D) I, II, and IV
• E) I, II, III, and IV

---

Definitions:

Outrageous

Behavior or actions that are shocking, excessive, or beyond the bounds of decency or acceptable standards.

Libel

A written or published false statement that is damaging to a person’s reputation; a form of defamation.

Actual Damages

Reputational injury and other harm such as emotional distress.

Proof

Evidence or argument establishing a fact or the truth of a statement in the context of legal proceedings or other formal inquiries.