An Internal Revenue Code Rule That Impacts the Design of Pension

question 54

Multiple Choice

An Internal Revenue Code rule that impacts the design of pension plans is

• A)employee contributions to the pension fund are not taxable until pension benefits are actually received
• B)pension fund earnings are taxable
• C)employer contributions to the pension fund are not taxable to the employee when pension benefits are actually received
• D)all employer pension expenses are deductible for income tax purposes

---

Definitions:

Psychology Majors

Students who specialize in the study of mind and behavior, covering various topics from neural processes to the social influences on behavior.

Choosier

Being more selective or exhibiting a greater preference for one option over others in decision-making processes.

Parental Investment Theory

A theory suggesting that the extent to which parents invest in their offspring is influenced by the cost and benefits to their own survival and reproductive success.

Potential Mate

An individual who might be considered as a partner in a romantic or sexual relationship based on certain desirable attributes or compatibility factors.