Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

Robin began taking required minimum distributions from her profit sharing plan in 2010. In 2013, Robin died after suffering a heart attack. She had not named a beneficiary of her profit sharing plan. Which of the following statements is false?

A. Robin's estate may take a full distribution of the profit sharing plan's assets in the year of her death.
B. In the year of Robin's death, the minimum required distribution will be equal to the minimum required distribution had Robin not died.
C. Robin's estate must take a distribution of the profit sharing plan account balance by the end of 2021.
D. The required minimum distribution for 2013 will be find outd utilizing the factor according to Robin's age reduced by one.

 

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M924374
  • Price:- $5

Guranteed 24 Hours Delivery, In Price:- $5

Have any Question? 


Related Questions in Basic Finance

Draw a short- run aggregate supply curvewhy is the curve

Draw a short- run aggregate supply curve. Why is the curve upward sloping? What causes the short- run aggregate supply curve to shift?

Suppose that a study shows that 90 of people who have

Suppose that a study shows that 90% of people who have contracted Zika fever have mosquito bites prior to contracting the disease. Zika fever is rare; suppose only one in a million people have the disease. If you are bit ...

Read the 2014-1015 sec 10-k for your company to answer the

Read the 2014-1015 SEC 10-K for your company to answer the questions below. Also please provide page and link for all four categories. I. Category: Revenue and Net Income • What were the corporation's net sales, cost of ...

Calculate the pre-tax rate of return in each of these

Calculate the pre-tax rate of return in each of these scenarios. A) Buy 1,000 shares of common stock at $50 and sell at $60 one year later. B) Buy 1,000 shares of common stock at $50 borrowing at 50% of the amount necess ...

What are the net proceeds from the sale of a bond what are

What are the net proceeds from the sale of a bond? What are flotation costs, and how do they affect a bond's net proceeds? Please answer in 100-150 words.

Explain why a yield curve can be negatively sloped would

Explain why a yield curve can be negatively sloped. Would interest rates be abnormally high or low? What would be the overall expectation of the direction of future short- term interest rates?

What does it mean that managers should maximize shareholder

What does it mean that managers should maximize shareholder wealth "subject to ethical constraints"? What are the ethical considerations that might impact decisions that result in cash flow and price effects that are les ...

What are nondeposit liabilities give some exampleswhat are

What are nondeposit liabilities? Give some examples. What are negotiable CDs? How do nondeposit liabilities differ from negotiable CDs? What are retail sweep accounts? What are credit derivatives?

Globalization has failed in every respect brexit is a clear

Globalization has failed in every respect. Brexit is a clear sign that the integration of financial markets will now be unwound. What is your view of this statement? Justify your opinion.

The components of the djia have changed 51 times since its

The components of the DJIA have changed 51 times since its beginning in May 26, 1896. Numerous companies were added and deleted over this time. So other than failure, bankruptcy, or simply being renamed, pick a company t ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate