Under § 401, Contributions Made as Part of a Qualified

question 18

Multiple Choice

Under § 401, contributions made as part of a qualified retirement plan must be paid into a trust

• A)Administered by the employer
• B)Established by the employees
• C)That may be used by the corporation as a source of emergency funds
• D)None of the above is correct.

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Definitions:

Engaged People

Individuals who are fully absorbed by and enthusiastic about their work and so take positive action to further the organization’s reputation and interests.

Work Performance

The effectiveness and efficiency with which an individual or group accomplishes tasks and goals in a job setting.

Absenteeism

The frequent absence from work or other commitments without good reason, often used as an indicator of employee disengagement or dissatisfaction.

Sexual Harassment

Unwelcome sexual advances, requests for sexual favors, and other verbal or physical harassment of a sexual nature in the workplace or learning environments.