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Retirement Plan Decision. Thomas earns $63,700 per year. What retirement plan Thomas should consider under the following circumstances? a. He works for a large private
Retirement Plan Decision. Thomas earns $63,700 per year. What retirement plan Thomas should consider under the following circumstances? a. He works for a large private firm. b. He works at a university. c. He owns a small firm with employees. a. He works for a large private firm. Which is the best selection? (Select the best answer below.) O A. Thomas should consider the 401(k) plan. OB. Thomas should consider the 403(b) plan. O C. Thomas should consider the Simplified Employee Pension Plan (SEP) or the Savings Incentive Match Plan for Employees plan (SIMPLE). b. He works at a university. Which is the best selection? (Select the best answer below.) O A. Thomas should consider the Simplified Employee Pension Plan (SEP) or the Savings Incentive Match Plan for Employees plan (SIMPLE). OB. Thomas should consider the 401(k) plan. OC. Thomas should consider the 403(b) plan. c. He owns a small firm with employees. Which is the best selection? (Select the best answer below.) O A. Thomas should consider the 401(k) plan. O B. Thomas should consider the Simplified Employee Pension Plan (SEP) or the Savings Incentive Match Plan for Employees plan (SIMPLE). OC. Thomas should consider the 403(b) plan
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