Employee Benefits and Retirement Plans

20.1- What are the basic features of Private Retirement Plans, including minimum age and service requirements, retirement ages, and vesting rules?

20.2- What are "Defined Contributions" and "Defined Benefit Retirement Plans"?

20.3- What are the major types of funding instruments that can be used to fund a pension plan?

20.4- What are the basic characteristics of Section 401 (k) Plans?

20.5- What are the major features of retirement plans for the self-employed (Keogh plans)?

20.6- What are the basic features of an Individual Retirement Account (IRA)?

20.7- What are the major features of Simplified Employee Pension plans (SEPs)?

20.8- What is "Actual Deferral percentage (ADP)" specific to Employee Benefits and Retirement Plans?

20.9- What is "Advance Funding" specific to Employee Benefits and Retirement Plans?

20.10- What is "Average benefits test"  specific to Employee Benefits and Retirement Plans?

20.11- What is "Career-average Earnings" specific to Employee Benefits and Retirement Plans?

20.12- What is "Defined benefits plan" specific to Employee Benefits and Retirement Plans?

20.13- What is "Defined contributions plan" specific to Employee Benefits and Retirement Plans?

20.14- What is "Deposit-administration plan" specific to Employee Benefits and Retirement Plans?

20.15- What is "Early Distribution Penalty" specific to Employee Benefits and Retirement Plans?

20.16- What is "Early Retirement Age" specific to Employee Benefits and Retirement Plans?

20.17- What is "Employee Retirement Income Security Act of 1974 (ERISA)"?

20.18- What is "Final Pay" specific to Employee Benefits and Retirement Plans?

20.19- What is "Funding Agency" specific to Employee Benefits and Retirement Plans?

20.20- What is "Funding Instrument" specific to Employee Benefits and Retirement Plans?

20.21- What is "Group Deferred Annuity" specific to Employee Benefits and Retirement Plans?

20.22- What is "Guaranteed Investment Contract (GIC)" specific to Employee Benefits and Retirement Plans?

20.23- Who are "Highly Compensated Employees" specific to Employee Benefits and Retirement Plans?

20.24- What is "Immediate Participation Guarantee Plan (IPG)" specific to Employee Benefits and Retirement Plans?

20.25- What is an "Individual Retirement Account (IRA)" specific to Employee Benefits and Retirement Plans?

20.26- What is "Initial Past Service Liability" specific to Employee Benefits and Retirement Plans?

20.27- What are "Keogh Plans for the self employed (HR-10 plans)"?

20.28- What is "Late Retirement Age" specific to Employee Benefits and Retirement Plans?

20.29- What is "minimum coverage requirements" specific to Employee Benefits and Retirement Plans?

20.30- What is "Minimum Participation Requirements" specific to Employee Benefits and Retirement Plans?

20.31- What is "Minimum vesting Standards" specific to Employee Benefits and Retirement Plans?

20.32- What is "Money Purchase Formula" specific to Employee Benefits and Retirement Plans?

20.33- What is "Normal Cost" specific to Employee Benefits and Retirement Plans?

20.34- What is "Normal Retirement Age" specific to Employee Benefits and Retirement Plans?

20.35- What are "Past Service Credits" specific to Employee Benefits and Retirement Plans?