Which of the following are provided by federal regulations of private pension plans? Check all that apply. Insurance of all participants in private defined-benefit plans to receive their benefits upon retirement Transferability of vested pension funds upon a change of employment Insurance of only executive employees participating in private defined-benefit plans to receive their benefits upon retirement Insurance of all participants in private defined-contribution plans to receive their benefits upon retirement Tax benefits only for executive employees
Which of the following are provided by federal regulations of private pension plans? Check all that apply. Insurance of all participants in private defined-benefit plans to receive their benefits upon retirement Transferability of vested pension funds upon a change of employment Insurance of only executive employees participating in private defined-benefit plans to receive their benefits upon retirement Insurance of all participants in private defined-contribution plans to receive their benefits upon retirement Tax benefits only for executive employees
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Transcribed Image Text:3. Regulation of private pension plans
Which of the following are provided by federal regulations of private pension plans? Check all that apply.
Insurance of all participants in private defined-benefit plans to receive their benefits upon retirement
Transferability of vested pension funds upon a change of employment
Insurance of only executive employees participating in private defined-benefit plans to receive their benefits upon retirement
Insurance of all participants in private defined-contribution plans to receive their benefits upon retirement
Tax benefits only for executive employees
Which of the following are the characteristics of the Pension Benefit Guaranty Corporation (PBGC)? Check all that apply.
Has no regulatory powers
May act as the pension fund manager
Affected by economic conditions
Has vast regulatory powers
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