Under one type of retirement plan for small businesses, the employer contributes to an IRA established for each eligible employee
Under this type of plan, the contribution limits are significantly higher than they are for traditional IRAs and Roth IRAs. This type of plan, which requires little paperwork, is called a
A) simplified employee pension (SEP) plan.
B) defined benefit plan.
C) Keogh plan.
D) 403(b) plan.
Answer: A
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In 2012, more than 20 percent of the total workforce worked full time in sales occupations, both nonprofit and for profit
Indicate whether the statement is true or false
Return on investment measures:
a. return to all suppliers of funds. b. return to all long-term creditors. c. return to all long-term suppliers of funds. d. return to stockholders. e. return to all short-term suppliers of funds.
A trial balance is normally prepared at the end of the day
Indicate whether the statement is true or false
Assume you have applied to two different universities (let's refer to them as Universities A and B) for your graduate work. In the past, 25% of students (with similar credentials as yours) who applied to University A were accepted, while University B accepted 35% of the applicants. Assume events are independent of each other. a.What is the probability that you will be accepted to both universities?b.What is the probability that you will be accepted to at least one graduate program?c.What is the probability that one and only one of the universities will accept you?d.What is the probability that neither university will accept you?
What will be an ideal response?