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Lina20 [59]
3 years ago
7

Bonita is considering changing jobs and plans to roll over the vested portion of her qualified retirement plan into either an IR

A or the qualified retirement plan of her new employer. Reasons why a direct rollover into the new plan, rather than an IRA, would be more appropriate include which of the following?I. The new employer's plan is the only way Bonita can get a distribution at retirement in the form of a life annuity.II. The new employer's plan contains a provision for loans.III. There will be no tax penalty if a lump sum benefit is withdrawn from the new plan at early retirement after attaining age 50.IV. Lump sum withdrawals from the new employer's plan after age 59 1/2 will be eligible for 5- or 10-year forward-averaging.a)II only b)I and IIIc)II and III
Business
1 answer:
jasenka [17]3 years ago
6 0

Answer:

a) II only

Explanation:

Bonita is planning to join the new company because there is an availability of getting a loan from the company. Unlike her previous employer, the new employer has different packages for employees such as retirement plans as well as the available of loans for employee. Therefore, it can be concluded that the correct option is a.

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goldenfox [79]

Answer:

2. indicates the quantities of the good that people will buy at various prices.

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