Your client wants to provide a retirement plan for their employees. What factor would you not consider when determining the best plan options?

Question

Quizplus · Accepted Answer

When determining the best plan for your client for their business and employees, how long the business has been in operation would not be of concern. However, personnel characteristics such as age, service, and compensation need to be evaluated along with the business profits and cash flows of variable and stable costs to determine best plan. Additionally employee profiles in terms of long-term or part-time and the age, and financial situation of business owner.

Your Client Wants to Provide a Retirement Plan for Their