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Author Question: Which of the following is not a defined-contribution retirement plan offered by employers? (Read 38 times)

Alygatorr01285

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on: Apr 14, 2019

Question 1

Which of the following is 
not true of retirement plans for the self-employed?


◦ A Keogh plan is usually used by high income individuals.
◦ Under a SEP, a maximum contribution of $53,000 is allowed for 2015.
◦ Self-employed individuals can choose from several plans including SEP plans and one-participant 401(k) plans.
◦ A one-participant 401(k) plan is similar to 401(k) plans for employees except that it allows larger contributions.

Question 2

Which of the following is not a defined-contribution retirement plan offered by employers?


◦ 401(k) plan, 403(b) plan
◦ SEP
◦ 403(b) plan
◦ Keogh plan
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Marked as best answer by Alygatorr01285 on Apr 14, 2019

skipfourms123

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Reply #1 on: Apr 14, 2019
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Alygatorr01285

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Reply 2 on: Apr 14, 2019
Wow, this really help

cpetit11

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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