Legal power of the commissioner of Internal Revenue to approve any classification of employees that does not discriminate in favor of a prohibited group. Such approval is necessary before a retirement plan can be a qualified pension plan and thus subject to tax benefits.
Discretionary Authority
| Insurance Dictionary: Discretionary Authority |
| 5min Related Video: Discretionary Authority |
Learn More
 | Prudent Investment (in accounting) |
| household |
| Mississippi v. Johnson (American history) |
Help us answer these
Post a question - any question - to the WikiAnswers community:
Copyrights:
 |
 | Insurance Dictionary. Dictionary of Insurance Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more |
Related answers
- What is a discretionary calorie?
- What are discretionary funds?
- What is a discretionary judicial waiver?
- What are non-discretionary funds?
ADVERTISEMENT
Answer these
- What is discretionary authorization?
- What is discretionary?
- What is discretionary power?
- What are discretionary statutes?
Mentioned in
- Prudent Investment (in accounting)
- household
- Mississippi v. Johnson (American history)
- Abuse of Discretion
