Small Business Owners Have a Number of Retirement Plans Available

question 19

Multiple Choice

Small business owners have a number of retirement plans available to them.One type of plan is limited to employers with 100 or fewer eligible employees.Under this type of plan,small employers are exempt from most of the nondiscrimination and administrative rules that apply to qualified plans.Such plans are called

• A)401(k)plans.
• B)SIMPLE retirement plans.
• C)cash balance plans.
• D)profit sharing plans.

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Definitions:

Complexity

The state or quality of being intricate or complicated, often referring to systems, organizations, or ideas.

Cartoon Character

A fictional, animated character often found in television shows, movies, or comic books, intended for entertainment or educational purposes.

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A learning process where individuals learn new behaviors or skills by listening to or observing the verbal descriptions or instructions of others.

Bobo Doll Study

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