tax

posted by .

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

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. economics

    A. Given the above stated preference and supply information, how much alcohol (in ounces) will the average consumer purchase in an average month?
  2. Economics

    Suppose that the Government runs a pension fund to which all workers must contribute. The employee contribution rate is 6.2 percent on the first $84,900 of income. All income in excess of $84,900 is not taxed for pension purposes. …
  3. Law (Check)

    (TCO 6) A director of a corporation does NOT have a duty to: A)act diligently and in good faith in conducting corporate business. B)act resourcefully and always make the best business judgment. C)act on behalf of the beneficiary with …
  4. english

    Act IV of Hamlet 1. What is the King's original plan for eliminating Hamlet?
  5. law

    A __________ is the person or entity that receives the benefits of the trust. A. beneficiary B. settler C. trustee D. trustor is it A
  6. math

    cellular phone companies. 1. with this plan each person is charged $19.95 per month and $0.31 per minute 2. with this plan each person is charged $40.95 per month and $0.16 per min 3. with this plan each person is charged $80.95 per …
  7. Health (Ms. Sue)

    Create an action plan to help someone who is being bullied. A: An action plan in which would help someone who is being bullied involves several actions. This person should tell as trusted adult, ask for help from friends, teachers, …
  8. US Government

    -------- allows the voters to directly elect the president. A)The District Plan B) Direct Popular Election C) The Proportional Plan D) The National Bonus Plan
  9. Business Law

    Wilken owes Rivera $2000. Howie promises Wilken that he will pay Rivera the $2000 in return for Wilken's promise to give Howie's children guitar lessons. Is Rivera an intended beneficiary of the Howie-Wilken contract?
  10. Business Law

    Hey just need my answers checked again please! 1. The property pledged by the debtor as security for the debt is the A. surety B. credit C. interest D. collateral I chose D. 2. The person the agent deals with on behalf of the principal …

More Similar Questions