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

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

Quizplus · Accepted Answer

A SIMPLE 401(k) plan is designed for small businesses with 100 or fewer employees, not large corporations.

Large Corporations with at Least 500 Employees Can Offer Their