Research Problem 8. Using the blank chart below, determine the appropriateness of the type of retirement plan for the four types of entities. Use the following nomen- clature: H: high appropriateness, M: moderate appropriateness, L: low or no appro- priateness, NA: not applicable. In addition to information in this chapter, also review resources at the IRS website and other reliable websites.

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Research Problem 8. Using the blank chart below, determine the appropriateness of
the type of retirement plan for the four types of entities. Use the following nomen-
clature: H: high appropriateness, M: moderate appropriateness, L: low or no appro-
priateness, NA: not applicable. In addition to information in this chapter, also review
resources at the IRS website and other reliable websites.
Sole
Smaller S
Plan
Proprietorship
Corporation
Large Company
Nonprofit
IRA
SIMPLE IRA
Roth IRA
SEP
Кeogh
SIMPLE S 401 (k)
Independent
§ 401(k)
(no employees)
§ 401(k)*
Defined
Contribution
Defined
Benefit
Cash balance
§ 403(b)/
§ 457(b)
Transcribed Image Text:Research Problem 8. Using the blank chart below, determine the appropriateness of the type of retirement plan for the four types of entities. Use the following nomen- clature: H: high appropriateness, M: moderate appropriateness, L: low or no appro- priateness, NA: not applicable. In addition to information in this chapter, also review resources at the IRS website and other reliable websites. Sole Smaller S Plan Proprietorship Corporation Large Company Nonprofit IRA SIMPLE IRA Roth IRA SEP Кeogh SIMPLE S 401 (k) Independent § 401(k) (no employees) § 401(k)* Defined Contribution Defined Benefit Cash balance § 403(b)/ § 457(b)
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