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RPF Module 2 pretest (2025 )Latest Questions With Passed Solutions!!
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Based on the following information, determine the participant's eligibility date: • Date of Birth - September 5, 2000. • Date of Hire - November 11, 2015. • The plan eligibility requirements are age 18 and one year of service. A. November 10, 2016 B. September 5, 2018 C. November 10, 20...

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  • November 21, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
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RPF Module 2 pretest
Based on the following information, determine the participant's eligibility date:
• Date of Birth - September 5, 2000.
• Date of Hire - November 11, 2015.
• The plan eligibility requirements are age 18 and one year of service.
A. November 10, 2016
B. September 5, 2018
C. November 10, 2018
D. September 5, 2021 - ✔️✔️A. November 10, 2016
B. September 5, 2018


Which of the following are statutorily excludible employees? (Select 3 that apply)
A. Union employees subject to good-faith collective bargaining
B. Independent contractors
C. Nonhighly compensated employees
D. Hourly wage
E. Nonresident aliens - ✔️✔️A. Union employees subject to good-faith collective
bargaining
B. Independent contractors
E. Nonresident aliens

Which of the following satisfy statutory entry date requirements? If the entry date is:
(Select 4 that apply)
A. Daily
B. First day of the month
C. First day of the quarter
D. First day of the first and sixth months of the plan year
E. Last day of the plan year following meeting the eligibility requirements - ✔️✔️A.
Daily
B. First day of the month
C. First day of the quarter
D. First day of the first and sixth months of the plan year

Which of the following satisfies statutory eligibility requirements?
A. A 401(k) plan with a two years of service requirement
B. A plan with an age 21 and three years of service requirement
C. A plan with an age 18 and six months of service requirement
D. A plan with an age 25 requirement - ✔️✔️C. A plan with an age 18 and six months
of service requirement

Which of the following satisfy 401(k) statutory eligibility requirements? (Select 3 that
apply)

, A. Age 18 and six months of service
B. Age 19 and one year of service
C. Age 21 and no service
D. Age 21 and two years of service
E. Age 25 and no service - ✔️✔️A. Age 18 and six months of service
B. Age 19 and one year of service
C. Age 21 and no service


Based on the following information, determine the participant's eligibility date:
• Date of Birth - April 15, 1989.
• Date of Hire - March 23, 2018.
• The plan eligibility requirements are age 21 and one year of service.
A. April 15, 2010
B. January 1, 2019
C. March 22, 2019
D. April 1, 2019 - ✔️✔️C. March 22, 2019


Based on the following information, determine the participant's eligibility date:
• Date of Birth - February 27, 1997.
• Date of Hire - April 1, 2019.
• The plan eligibility requirements are age 21 and three months of service.
A. February 27, 2018
B. June 30, 2019
C. October 1, 2019
D. April 1, 2020 - ✔️✔️B. June 30, 2019

Based on the following information, determine the participant's entry date:
• Date of Birth - September 15, 1998.
• Date of Hire - April 1, 2018.
• The plan eligibility requirements are age 21 and one year of service.
• The employee works full-time.
• The plan is a calendar year plan with entry dates on the first day of each quarter.
A. March 31, 2019
B. April 1, 2019
C. September 15, 2019
D. October 1, 2019 - ✔️✔️D. October 1, 2019

Based on the following information, determine the participant's entry date:
• Date of Birth - July 4, 1998.
• Date of Hire - November 11, 2018.
• The plan eligibility requirements are age 21 and six months of service.
• The employee works full-time.
• The plan is a calendar year plan with an entry date on the last day of the plan year.
A. January 1, 2019

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