Which of the following is NOT true for SIMPLE IRA plans?
A) Company matches dollar -for -dollar up to three percent of the employee's salary.
B) Employee contribution limit is $10,000.
C) Participants are vested immediately.
D) Each employee should have received at least $16,000 in employee compensation for each of the past two years.
Correct Answer:
Verified
Q112: Probate costs
A) are a set fee.
B) are
Q113: Money market funds do NOT invest in
A)
Q114: Joe Dough buys $300 worth of ABC
Q115: Wills
A) are not vital for single business
Q116: Joe Dough buys $300 worth of ABC
Q118: Who can participate in a tax sheltered
Q119: Mutual funds
A) generally charge an up -front
Q120: Companies normally call back preferred stock when
A)
Q121: Roth 401k plans
A) force you to take
Q122: Long -term care insurance plans
A) do provide
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents