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please answer both questions showing work. Dont need number 6. sorry Bubbles LLC is a web design company that operates out of Youlder, Colorado. Jesse

please answer both questions showing work.
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Dont need number 6. sorry
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Bubbles LLC is a web design company that operates out of Youlder, Colorado. Jesse and Skyler started Bubbles twenty years ago and it has grown to be one of the more sizable web development firms in Colorado. Bubbles offers a 401(k)/ profit-sharing plan with a Roth account option. The plan has the following characteristics: - Eligibility: age 21 and one-year of service - Match: dollar for dollar match - Vesting: 20% per year (years 1 through 5 ) - Highly compensated definition: uses top 20% election - Profit-sharing contribution: Bubbles generally makes a sizeable contribution, but the percentage varies. - The plan has been amended to permit in-plan Roth rollovers. - The plan permits rollovers from other qualified plans and IRAs. 6. Does the plan pass the ADP test? Why or why not and what can the company do if the plan does not pass the test? 9. Jesse has $702,000 accumulated in the 401(k) plan. The balance consists of deferrals, employer matching contributions, earnings, and profit-sharing contributions. Jesse also has an NOL carryover on his personal return from another business investment. Discuss whether Jesse can execute an inplan Roth rollover and the tax implications. Answer: 7. Assume the company decided to make a profit-sharing contribution that was integrated with Social Security, with an integration level equal to the Social Security wage base. If the base percentage was 10 percent with a maximum excess percentage, how much would be contributed to the plan on behalf of Jesse (disregard the salary deferral)

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