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Only Large Corporations with at Least 500 Employees Can Offer

question 50

True/False

Only large corporations with at least 500 employees can offer their employees a simple 401(k) retirement plan that allows for greater contribution maximums.


Definitions:

One Third

A fraction representing a division of a whole into three equal parts, indicating that one part is being considered out of the three.

One Fourth

A fraction representing one part of four equal parts of a whole, often written as 1/4.

One Eighth

A fraction representing one part of eight equal parts of a whole.

Genetic Counseling

A process that involves advising individuals and families about the genetic risks, conditions, or diseases they may face and the implications for their health.

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