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Jimmy wants to establish a retirement plan for his small business and wants to allow employees to contribute to their retirement and keep his employer

Jimmy wants to establish a retirement plan for his small business and wants to allow employees to contribute to their retirement and keep his employer contributions low, such as an IRA-type plan. Which of these plans would be best? I. SIMPLE IRA II. Simplified employee pension (SEP) plan. a.II only b.I only c.Both I and II d.Neither I or

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