Advantages of using life insurance in a qualified plan include all of the following except

A tax deferred annuity plan can invest in all of the following, except

Group-term life insurance must cover all employees.

An employee cannot be covered under both a defined benefit and a defined contribution plan.

Investment designation by participants (earmarking) is not available in a cash balance plan.

Group-term life insurance must cover all employees.

Which of the following statements about a tax deferred annuity plan is (are) true?

Pat is considering converting a traditional IRA to a Roth IRA in 2017. Pat might not want to make a conversion because

Salary reduction elections must be made by employees during a _____ period prior to January 1 of the year for which the elections are made.

The IRS has developed two tests for life insurance in a qualified plan designed to determine whether the incidental benefit percentage is being met. What is the maximum allowable percentage of the total cost of the plan allowed for incidental benefits?