In 2018, the maximum annual contribution to a SIMPLE pension plan for an employee under the age of 50 is:

A. $18,500
B. $55,000
C. $15,500
D. $12,500


Answer: D

Business

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Indicate whether the statement is true or false

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When marketers monitor the economic situation affecting their target markets, they are likely to monitor changes in all of the following except

A. interest rates. B. currency exchange rates. C. purchasing power. D. inflation. E. age.

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In a(n) __________, the employer guarantees that the participant will receive an annual benefit for life following retirement, or the actuarial equivalent of such a benefit, based on a formula in the plan regardless of contributions made or the plan's investment performance

a. defined contribution pension plan b. 401(k) plan c. employee stock ownership plan d. defined benefit pension plan

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A(n) ________ specializes in low- to medium-volume production using job or batch processes

Fill in the blanks with correct word

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