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10. Describe a qualified defined contribution plan for the self-employed and discuss the advantages and disadvantages in adopting this type of plan. 11. Describe

10. Describe a qualified defined contribution plan for the self-employed and discuss the advantages and disadvantages in adopting this type of plan. 11. Describe a SEP IRA and discuss the advantages and disadvantages in adopting this type of plan. 12. Describe a SIMPLE IRA and discuss the advantages and disadvantages in adopting this type of plan. 13. Describe a SIMPLE 401(k) and discuss the advantages and disadvantages in adopting this type of plan. 14. Of the four plans discussed, which is the best long-term fit for Michelle's new business?

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