Question

a. Give the title and state the general rules for Treasury Regulation
1.401(k)-1.
b. Give the title of Treasury Regulation 1.501(c)(3)-1. Within this section,
only cite the section for “Exempt Purposes” and list the organizations
that may be exempt.

Answer 1

Answer a) Title certain cash or defferred cerrangements Rules: U certain plans permitted to include cash or detered arrangements (2) Treatment of after tar employee contributions ESOP dividend election (3) Treatment of (4) Treatment of elective contributions as plan assets an amount to employee in form of. cooh (5) provide (6) Titlet Organizations organized and operated for religious, charitable, scientific, testing for public safely, litercay or educational purposes, or for the prevention of cruelty to children or animals. (0) oun Exempt purposes + organization may be elempt an organization it is organized and operated euclusively for one more Stollowing purposes, religious, charottable, scientific and so on

(11) an Doganization is not organized or operated for one unless H pin poses serves a public rather or more than private interest p27 do like, Hope you get the answey.