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Please fully answer each question with clarity, explanation and details. Each answer should be at least two sentences long. Please see AI/ChatGPT policy for this

Please fully answer each question with clarity, explanation and details.

Each answer should be at least two sentences long. Please see AI/ChatGPT policy for this and all homework. Please cite your sources.

  1. What does deferred compensation mean?

  1. What is a 401(k)?

  1. Should there be limits to deferred compensation? If so, what kind of limits would you place?

  1. The tone of the article was critical of such deferred compensation plans. Make an argument in their favor and state whether you agree with that argument. Recommended length: 100-200 words.

  1. Add any comments here for the opportunity to earn maximum credit. Recommended length: 100-200 words.

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