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What are the two broad categories of retirement plans? Give some examples of each. What is the maximum annual contribution that can be made to

  1. What are the two broad categories of retirement plans? Give some examples of each.
  2. What is the maximum annual contribution that can be made to a SEP, and how is the maximum calculated?
  3. What are your thoughts and perspectives regarding retirement savings and investment accounts? Has the IRS and Federal government do enough, in your opinion, to incentivize taxpayers to save for their retirement?

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