Ficep part 2 exam - Study guides, Class notes & Summaries

FiCEP PART 2 EXAM LATEST UPDATE...

FICEP Part 2 Exam Questions and Answers

FICEP Part 2 Exam Questions with Correct Answers 401k - Answer-Plan A plan which allows employees to make tax-deferred contributions to retirement savings accounts. Many employers match these contributions at a specified ratio to help retirement savings build faster. Beneficiary - Answer-The person or persons who are designated to receive the amount of the death benefit if the policyholder dies. Cafeteria Plan - Answer-Tax-qualified flexible benefit plans that are offered by participat...

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FICEP Part 2 Exam Questions and Answers

FICEP Part 2 Exam Questions and Answers

FICEP Part 2 Exam Questions And Answers 401k - ANS Plan A plan which allows employees to make tax-deferred contributions to retirement savings accounts. Many employers match these contributions at a specified ratio to help retirement savings build faster. Beneficiary - ANS The person or persons who are designated to receive the amount of the death benefit if the policyholder dies. Cafeteria Plan - ANS Tax-qualified flexible benefit plans that are offered by participating employe...

FICEP Part 2 Exam Questions and Answers

FiCEP PART 2 EXAM

FICEP Part 2 Exam Questions with 100% Correct Answers Dividends - Answer-The amount that stockholders in a company receive. Represents a portion of a company's profits Flexible Spending Plan (FSA) - Answer-A program offered by employers which allows employees which allows employees to pay for eligible out-of-pocket health care and dependent care expenses with pre-tax dollars. Have a Use-it-or-lose-it provision, which means that any funds that are unused at the end of the plan year are for...