Which of the Following Is an Example of a Qualified

question 32

Multiple Choice

Which of the following is an example of a qualified pension plan where the contribution amount is defined but the benefit amount available at retirement varies?

• A)Traditional defined benefit plan
• B)Money purchase plan
• C)Integrated plan
• D)Cash balance plan
• E)Unit benefit plan

---

Definitions:

Constitution

The fundamental law or set of principles that defines the structure, powers, and limits of a government.

Legislation

Legislation refers to the process of making or enacting laws, and can also refer to the laws themselves.

Powers

Authorities or capabilities granted to an individual, organization, or governmental body to perform certain actions or make decisions within a legal or regulatory framework.

Amendment

A formal change or addition proposed or made to a document, statute, or legal contract.