Ed started his business a year ago and has two employees. He has been steadily increasing his revenues and feels comfortable offering a retirement benefit plan for him and his two employees.His employees wish to make voluntary contributions. Ed is concerned about future cash flows in the event of a business downturn, as well as growing pains that may accompany future expansion. Ed has asked you to recommend a retirement plan for his business.

Developa recommendation for Ed among SIMPLE, Keogh, SEP and Money Purchase/Targeted Plan in 525- 700 words.

Defendyour choice.