IIA
IIA-CFSA · Question #98
Bank may serve as trustee or custodian for pension and profit sharing plans that self- employed individuals establish for them selves and their employees. These types of trust are referred to as:
The correct answer is B. Keogh plans. See the full explanation below for the reasoning.
Question
Bank may serve as trustee or custodian for pension and profit sharing plans that self- employed individuals establish for them selves and their employees. These types of trust are referred to as:
Options
- ADefined benefit plans
- BKeogh plans
- CIndividual retirement account
- DNone of these
How the community answered
(34 responses)- A3% (1)
- B79% (27)
- C6% (2)
- D12% (4)
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