| ERISA | TRA 1986 | REA 1984 | EGTRRA 2001 | UCA 1992 |
|---|---|---|---|---|
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What is the employee
This is who ERISA protects
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What is 59 1/2
Early withdrawal penalties apply to individuals under this age
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What is Spouse
REA protects this individual
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What is Portability
EGTRRA increased this among plans
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What is Eligible Rollover Distribution
This is the spelled out form of ERD
|
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What is Individual Retirement Account (IRA)
This retirement plan type was created by ERISA
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What is 72
Required minimum distribution begins at this age
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What is ERISA
REA is an amendment to this law
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What is Catch-up Contributions
EGTRRA introduced these contributions for individuals age 50 and over
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What is Non-Eligible Rollover Distribution
This is the spelled out form of NERD
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What is Summary Plan Description (SPD)
This is the most important document required to be provided to employees
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What is FADDS
These are distributable events on 403(b) and 401(k) plans
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What is Witnessed by a Notary or Plan Administrator
Transactions requires spousal consent with this requirement
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What is $19,500 and $26,000
This is the 2020 contribution limits for 401(k) olans
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What is Mandatory
The 20% FIT on ERDs is mandatory or optional
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What is Minimum Vesting
ERISA directs plans to comply with participation requirements and....
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What is Unrestricted Funds
These funds must be withdrawn prior to withdrawal of restricted funds
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What is Beneficiary Rights
The spouse is required to have these rights under REA
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What is Pennsylvania
This state does not conform to EGTRRA
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What is ROTH IRA
RMD does not apply to the original owner of this plan type
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What is 12/31/1988
Contributions made after this date are restricted
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What is 12/31/1988
Contributions made after this date are labeled as restricted funds
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What is Qualified Domestic Relations Order (QDRO)
This court order for the division of assets was added by REA
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What is June 7, 2001
EGTRRA became a law on this date
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What is Excluded
IRAs, NQDAs and Non-ERDs are __________ from the mandatory 20% FIT withholding
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What is Small Business Jobs Act of 1996
This law created salary reduction agreements, maximum contribution limits, death benefits, along with Simple 401(k) and Simple IRAs
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