A partnership plans to set up a retirement plan to benefit the partners and the employees. All of the following retirement plans are appropriate except

Name: A partnership plans to set up a retirement plan to benefit the partners and the employees. All of the following retirement plans are appropriate except
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Question

Quizplus · Accepted Answer

A Solo 401(k) is designed for self-employed individuals or small business owners with no employees, making it inappropriate for a partnership with employees.

A Partnership Plans to Set Up a Retirement Plan to Benefit