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What Are the Advantages to a SIMPLE Plan for Retirement

Question 114

Multiple Choice

What are the advantages to a SIMPLE plan for retirement for the small business owners?


A) The plan is very easy to set up.
B) The plan works well for small business owners with 100 employees or less.
C) The small business owner has some flexibility in determining how much to contribute to the plan.
D) All of the above are correct.
E) Only A and B are correct.

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