Arthur works as a janitor for the Municipal School district weekday evenings and part-time for the Municipal Power Plant on weekends. He earns $25,000 from the school district and $10,000 from the power plant each year. Both employers have a Section 457 plan. Which of the following is true?

De minimis fringes are all taxable benefits.

In health insurance plan design, which of the following are vitally important aspects of that design?

I. M. Gone and his wife Wobie are getting a divorce. I. M. thinks that he can keep Wobie from getting any of his Section 457 plan assets because a Qualified Domestic Relations Order does not apply to nonqualified plans. I. M. is

An employer using the accrual method can take a deduction for compensation for services not rendered before the end of the taxable year for which the deduction is claimed.

Which of the following is not a managed health care tool or technique?

Avent Charities is a Section 501(c)(3) organization that has three highly paid administrators and a small clerical staff. The administrators have asked you to help them evaluate the merits of installing a tax deferred annuity plan (Section 403(b)) instead of a Section 401(k) plan. You tell them

An employer using the accrual method can take a deduction for compensation for services not rendered before the end of the taxable year for which the deduction is claimed.

Which of the following is true about a SIMPLE IRA?

Alternatives to using life insurance in a qualified plan include