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Jerry wants to establish a qualified plan for his business to provide employees of the company with the ability to save for retirement. Which of

Jerry wants to establish a qualified plan for his business to provide employees of the company with the ability to save for retirement. Which of the following plans is a qualified plan?

  1. Profit-sharing plan
  2. Simplified employee pension (SEP) plan
  3. SIMPLE IRA
  4. Section 457 plan

Question 2 options:

I, II, III, and IV

I only

IV only

II and III

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