Answer:
ordinary income
Explanation:
All the distributions upon retirement from the defined benefit plans are taxed as ordinary income.
A defined benefit plan is defined as a pension plan where an employee gets a lump sum amount as a pension after retirement. But the distributions of full amount of the benefit plan are taxed as an ordinary income.
Minimum distributions are needed for a year where an employee attains 70½ years age or retires, whichever comes later.
Answer:
A responsible citizen has a role in making the world a better place to live
Explanation:
4 benefits; you’ll be able to build strong, long-lasting relationships with others, you’ll be able to show compassion toward others, you’ll never have to worry about placing blame on others, and you’ll never have to worry about becoming a complainer
Answer:
power-elite model
Explanation:
The power elite model is extremely similar to the oligarchy system. But the 'select few' that have the power in society does not have to necessarily a Nobel.
For example, units States is a power elite model even though we don't have a group that we consider as 'nobles here'. But when you clearly examine its power structure, you will realize that the control over the country falls to a small group of people such as military leaders, corporate owners, high ranking government officials and their family, etc