Ficep part 2 stuvia - Study guides, Class notes & Summaries
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FICEP Part 2 Correct Questions and Answers(RATED A)
- Exam (elaborations) • 8 pages • 2024
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FICEP Part 2 Correct Questions and Answers(RATED A) 
 
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 particip...
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