Question 1
Which of the following employers would be most likely to offer a 403(b) plan?
◦ General Motors
◦ Wright State University
◦ Duke Electric Power Company
◦ SBC Corporation
Question 2
Under a SEP, an employee
◦ is not allowed to make contributions.
◦ can contribute up to $6,000 per year.
◦ is not taxed until his or her contributions are withdrawn.
◦ can defer taxes with contributions.