12. Pension Plans. (Obj. 3) Three common pension plans en are SEP, 401(k), and SIMPLE plans. For each of the follo or plans having the described characteristics. Ihree common pension plans employers can provide to their employees A SIMPLE plans. For each of the following statements, identify the plan bra. This plan allows employees under age 50 to contribute their wages to their plan in 2018. b. This plan allows only employers to make contributions to employees plans. - Is bras c. Employers are required to make matching contributions to this plan. d. The maximum contribution to this plan is the lesser of $55,000 or 25% of the employee's compensation. e. Employees can contribute pre-tax earnings to this plan