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Business, 20.11.2021 01:50 2019jonathanbradford

It is generally understood that the least complicated employer-sponsored retirement plan is the Savings Incentive Match Plan for Employees (SIMPLE). These plans tend to have certain restrictions. Among them are the restriction that A) employer matching contributions are made with after-tax funds. B) the catch-up provision for those 50 and older is limited to $1,000. C) there must be fewer than 100 employees who earned at least $5,000 during the preceding calendar year. D) the business cannot have another retirement plan in place.

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