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SIMPLE Retirement Plans Allow a Higher Level of Employer Contributions

question 44

True/False

SIMPLE retirement plans allow a higher level of employer contributions than do SEP IRAs.


Definitions:

Norms

Socially accepted rules or standards of behavior expected by a group.

Society

An organized group of individuals who share a common culture, institutions, and collective activities and interests.

Dangerous Measures

Actions or strategies that pose significant risks to health, safety, or well-being in pursuit of certain outcomes.

Normal Weight

A weight classification based on Body Mass Index (BMI) considered to be within the healthy range for an individual's height.

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