An IRA owner can loan funds to a related person or business.

Bonus plans are formal agreements that must be in writing and negotiated with an attorney.

Which of the following nonretirement-related needs may have a significant impact on retirement assets?

All of the following are true regarding tax implicatons of cash balance plans, except

A Health Reimbursement Arrangement cannot

Astro Corporation is considering whether to finance its DBO plan obligation in advance. Astro Corp. wants to avoid having to meet ERISA requirements. Astro Corp. should use

An all-causes deductible is

Tony Johnson, an over-the-road trucker, had several out-of-town trips early in the year, so he got an extension for filing his income tax return. Tony can make the maximum IRA contribution this year. He has until the last date of his income tax filing extension to make a tax-deductible contribution to his IRA.

The owner of Windom Enterprises has asked you to identify a tax-free compensation option that could be used to avoid the “reasonableness of compensation” issue for their executives and upper-level managers. As the owner’s financial advisor, you suggest

Which of the following is (are) true regarding timing of corporate deduction for compensation payments?