The new simple IRA plans allow employees of ________ companies to contribute larger amounts than the traditional IRA.
A) nonprofit
B) small
C) big
D) international

Question

Quizplus · Accepted Answer

The new simple IRA plans are designed for small companies with fewer than 100 employees. Therefore, option B is the correct answer. The other options are irrelevant to the question.

The New Simple IRA Plans Allow Employees of ________ Companies