Saturday
April 19, 2014

Homework Help: tax

Posted by Andy on Wednesday, April 11, 2012 at 6:31pm.

If the proceeds of a pension plan are being distributed and the original beneficiary dies, the:
A. person who inherits the plan assets can elect to be treated as the original beneficiary if that person is the spouse of the original beneficiary.
B. person who inherits the plan assets can elect to be treated as the original beneficiary if that person is unrelated to the original beneficiary.
C. person who inherits the plan assets will receive the remaining plan assets tax-free.
D. balance of the pension plan assets must be distributed in the year of death.

is it D

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Economics - Suppose that the Government runs a pension fund to which all workers...
Economics - Suppose that the Government runs a pension fund to which all workers...
Intermediate Accounting - Can you give me a website or answer this question ...
calculus - Meg's pension plan is an annuity with a guaranteed return of 4% per ...
Long term planning - You would like to begin (or increase) your savings for ...
Finance - Meg's pension plan is an annuity with a guaranteed return of 7% ...
math - Meg's pension plan is an annuity with a guaranteed return of 7% interest ...
bus math - Meg's pension plan is an annuity with a guaranteed return of 7% ...
business math - Meg's pension plan is an annuity with a guaranteed return of 7% ...
math - Meg's pension plan is an annuity with a guaranteed return of 6% per year...

Search
Members