IRC Codes 1-10 Flashcards
1
Q
IRC 401(a)(1)
A
Plan must be for employees & assets must be held in Trust
2
Q
IRC 401(a)(2)
A
Exclusive Benefit Rule
3
Q
IRC 401(a)(3) & IRC 401(a)(6)
A
Minimum Age & Service Requirements/Coverage
4
Q
IRC 401(a)(4) and IRC 401(a)(5)
A
Nondiscrimination Testing
5
Q
IRC 401(a)(7)
A
Minimum Vesting Standards
6
Q
IRC 401(a)(10)
A
Top Heavy Rules
7
Q
IRC 401(a)(12)
A
Mergers and Transfers
8
Q
IRC 401(a)(13)
A
Anti-Assignment Rule
9
Q
IRC 401(a)(14)
A
Commencement of Benefits After Normal Retirement Age
10
Q
IRC 401(a)(15)
A
Social Security Increases
