Question 25 3 pts Which of the following is not true for SIMPLE IRA plans? O Company matches dollar for dollar up to three percent of the employee's salary. Each employee should have received at least $ 16,000 in employee compensation for each of the past two years. Employee contribution limit is $10,000. O Participants are vested immediately. > Question 11 3 pts Which of the following is true for universal life insurance policies? O Premiums are set higher than whole life policies. O Premiums are set lower than whole life policies. O Premiums never need to be increased to maintain the policy in force. None of the above