Administration of Qualified Plans (L3) Flashcards
1
Q
How do the Numbers Apply?
A
2
Q
Lump Sum Distribution
A
3
Q
10- Year Forward Averaging
A
*NOT LIKELY TO BE TESTED**
4
Q
Pre-1974 Capital Gains Treatment
A
NOT LIKELY TO BE TESTED
5
Q
Net Unrealized Appreciation (NUA)
A
The excess of FMV of the ER securities at the date of the lump-sum distribution over the cost of the ER securities at the date of the lump-sum distribution over the cost of the ER securities at the date of the securities were contributed to the qualified plan
6
Q
Qualified Domestic Relations Order (QDRO)
A
7
Q
Steps in Qualified Plan Selection
A
8
Q
Plan Selection Flow Chart
A
9
Q
Taxonomy of Plan Selection
A
10
Q
Early Withdrawal
A
11
Q
72(t) Distributions
A
12
Q
Beneficiaries of Qualified Plans
A
