Examlex

Solved

There Are Several Different Types of Qualified Retirement Plans

question 80

True/False

There are several different types of qualified retirement plans.One common criteria across qualified retirement plans is that employers deduct the contributions and employees include the contributions in taxable income in the same period.


Definitions:

Health Insurance Portability and Accountability Act

A US law enacted in 1996 to protect patient health information, ensuring privacy and security while facilitating the portability of health insurance.

Electronic Transmission

The transfer of data or information between computers or over a network without the use of physical connections.

Personal Information

Data that identifies or can be used to identify, contact, or locate a single person.

Security of Records

Measures put in place to protect records, both physical and electronic, from unauthorized access, theft, or damage.

Related Questions