What Is the Most Important Difference Between an Index Mutual

question 47

Multiple Choice

What is the most important difference between an index mutual fund and an exchange traded fund (ETF) ?

• A)ETFs are better managed.
• B)ETFs trade like stocks.
• C)There are more types of ETFs.
• D)ETFs have higher MERs.

Recognize the tax implications of deferred compensation under ERISA.

Understand the IRS's role in the qualification and regulation of retirement plans.

Identify the types of contributions and benefits associated with various retirement plans.

Understand the concept of cafeteria plans and their benefits to employees.

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Definitions:

Redundancy

The inclusion of extra components that are not necessarily needed, often used in systems to increase reliability.

Form View

A user interface option in databases or applications that displays a single record at a time for viewing, entering, or editing data.

Single Record

A single, complete set of data or information fields stored in a database.

Pane

A specific section or area of a graphical user interface that displays information or provides interaction options separate from other parts of the interface.