Which of the following factors is vitally important in choosing between defined contribution plan types for...

Which of the following factors is vitally important in choosing between defined contribution plan types for a small employer? Select as many items as is appropriate.

The need to attract and retain employees.
The use of the plan as a tax shelter for the owner(s).
The desire to account for past service.

Group of answer choices

I only

I and II only

I and III only

I, II, and III

Solutions

Expert Solution

I and II only

The plant should be attractive to retain the employees and should also be tax efficient

jeff jeffy answered 2 years ago

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