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In which of the following retirement plans are employers’ contributions in any given year considered entirely discretionary? 1. Defined benefit plan 2.SIMPLE Plan 3.Profit Sharing plan 4.SEP

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In which of the following retirement plans are employers’ contributions in any given year considered entirely discretionary?<br><table border='1' cellpadding='0' cellspacing='0'><thead> <tr> <td> <b>1.</b> </td> <td> <b>Defined benefit plan</b> </td></tr> </thead><tbody> <tr><td><b>2.</b></td><td>SIMPLE Plan</td> </tr> <tr><td><b>3.</b></td><td>Profit Sharing plan</td> </tr> <tr><td><b>4.</b></td><td>SEP</td> </tr></tbody></table><br>






 
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