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Margaret wants to establish a retirement plan for her small but profitable business. She wants the plan to allow employees to contribute to their own

Margaret wants to establish a retirement plan for her small but profitable business. She wants the plan to allow employees to contribute to their own retirement but keep the employer contributions low. She is interested in an IRA plan form. Which of these plans would satisfy Margaret's requirement? SIMPLE IRA Simplified employee pension (SEP) plan A) II only B) I only C) Both I and II D) Neither I nor

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