Which option is a typical QDIA: target-date fund, money market fund, or employer stock?
QUESTION
Which option is a typical QDIA: managed account, collectibles, or municipal bond ladder?
QUESTION
Identify the prohibited transaction: a plan lends money to the sponsoring employer.
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ANSWER
Prohibited transaction: lending plan money to a party in interest. Lending to a party in interest like the employer is prohibited under ERISA to avoid conflicts and ensure assets benefit participants.