A SIMPLE 401(k) plan is always more attractive than a regular 401(k) plan.

Name: A SIMPLE 401(k) plan is always more attractive than a regular 401(k) plan.
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Quizplus · Accepted Answer

A SIMPLE 401(k) plan may be more attractive for small businesses due to its simplicity and lower costs, but a regular 401(k) plan often offers greater flexibility, higher contribution limits, and more investment options, making it more appealing for many employees and larger employers.

A SIMPLE 401(k) Plan Is Always More Attractive Than a Regular