A Major Objective of the Pension Protection Act Is to _____

question 25

Multiple Choice

A major objective of the Pension Protection Act is to _____ 401(k) pension plans.

• A)reduce the number of
• B)alter the tax status of
• C)limit to very small employers the use of
• D)provide greater control over

---

Definitions:

Performance Danger

Performance danger involves situations or conditions that significantly increase the likelihood of failure or harm during the execution of a task or duty, warranting precaution.

Major Failure

A significant breakdown or malfunction in a system, project, or product that impedes its intended function.

Exemption Clauses

Provisions in a contract that aim to limit or exclude one party's liability in certain circumstances.

Exculpatory Clauses

Provisions in a contract that relieve one party from liability for wrongdoing.