Which of the following options are reasons for a plan sponsor to use a prototype plan?(I)reduce drafting costs(II)simplify the determination letter procedure(III)simplify installation(IV)gain greater flexibility than otherwise possible

A Health Savings Account (HSA) uses a savings account and insurance to cover health care needs.

Within limits, golden parachute arrangements are considered an acceptable compensation practice, especially in industries subject to mergers and acquisitions.

Defined contribution health plans shift payment and selection features of health insurance from employers to employees.

Traditional health insurance plans are postpaid plans.

Disadvantages of a 401(k) plan include

An employer can use a nonqualified plan as a form of “golden handcuffs” that bind an executive to remain with a company and meet certain conditions.

The deltoid muscle (see image) is an example of what muscle arrangement?

For IRAs, the early distribution penalty applies to all of the following, except

An athletic facility that can be used only by select executives is tax-free to those executives