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A client is considering adding a retirement plan to the business run by the client. The client is age 48 and would like to use

A client is considering adding a retirement plan to the business run by the client. The client is age 48 and would like to use life insurance in the employer sponsored plan. All of the following plans allow insurance to be used, except: Group of answer choices Defined benefit plan. Employee stock ownership plan (ESOP). Supplemental executive retirement plan (SERP). Simplified employee pension plan (SEP)

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