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SIMPLE and SEP Plans Are Subject to the Same Nondiscrimination

question 34

True/False

SIMPLE and SEP plans are subject to the same nondiscrimination rules that apply to other retirement plans.


Definitions:

Spatial Ability

The ability to comprehend, think logically, and recall how objects or spaces relate to each other spatially.

Puberty

The phase in human development during which children mature sexually and become capable of reproduction.

Big Five

A model describing human personality traits in terms of five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Neuroticism

A characteristic of personality defined by feelings of emotional unpredictability, nervousness, being easily upset, concern, and melancholy.

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