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Which of the following retirement plan alternatives would allow Tom the greatest deductible contribution while providing him with only a small cash flow commitment each
Which of the following retirement plan alternatives would allow Tom the greatest deductible contribution while providing him with only a small cash flow commitment each year based on 2019 plan contribution limits?
Question 4 options:
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a) | SEP plan |
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b) | Defined benefit pension plan |
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c) | Section 401(k) plan |
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d) | Profit-sharing plan |
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