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Medusa, Inc., is a 7-year-old C corporation that has grown dramatically. There are currently 189 employees. The two owners, who are 32 and 27 years
Medusa, Inc., is a 7-year-old C corporation that has grown dramatically. There are currently 189 employees. The two owners, who are 32 and 27 years old, wish to establish a retirement plan. Which plan would probably be the best for them?
a. Profit-sharing plan.
b. Money purchase pension plan.
c. Age-weighted profit-sharing plan.
d. Target benefit pension plan.
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