ANSWERS
Nojcotherjcqualifiedjcplanjcorjc403(b)jc-jcanswer--SimplejcIRAjcorjcSimplejc401(k)
Youngerjcemployeesjcbenefitjcfromjcyearsjcofjccontributionsjcandjccompoundingjc-
jcanswer--Profitjcsharing,jcSEP,jcorjcTandemjcPlan
Businessjchasjcstablejccashjcflowjcandjcownerjcwillingjctojcmakejcannualjcfinancialjccommit
ment,jcbutjceitherjcunwillingjcorjcunablejctojccommitjcmorejcthanjc25%jccompensationjc-
jcanswer--MoneyjcPurchasejcorjcTargetjcBenefitjcPlanjctojcprovidjcage-weightedjcplan
Meansjctojcallowjcownerjctojcmeetjchis/herjcretirementjc-jcanswer--DefinedjcBenefitjcPlan
Nojcmorejcthanjc100jcemployeesjcearingjc$5000jcorjcmorejc-jcanswer--
SimplejcIRAjcorjcSimplejc401(k)
Desirejcplanjcthatjcwilljcmotivatejcemployeesjc-jcanswer--
Profitjcsharing,jcSEP,jcorjcTandemjcPlan
Seeksjcmaximumjctaxjcshelterjc-jcanswer--DefinedjcBenefitjcPlan
Businessjccashjcflowjcfluctuatesjc-jcanswer--Profitjcsharing,jcSEP,jcorjcTandemjcPlan
Ownerjcwillingjctojcmakejcminimaljccontribution-2%jcorjc3%jcofjccompensationjc-jcanswer--
SimplejcIRAjcorjcSimplejc401(k)
Meansjctojcallowjcownerjctojcmeetjchis/herjcretirementjc-jcanswer--DefinedjcBenefitjcPlan
Desirejcveryjclowjcadministrativejccostjc-jcanswer--SimplejcIRAjcorjcSimplejc401(k)
Willingjctojcacceptjcinvestmentjcriskjc-jcanswer--DefinedjcBenefitjcPlan
Easirejctojccommunicatejcplanjctojcemployees,jcandjcreducejcadministrativejccostsjc-
jcanswer--MoneyjcPurchasejcorjcTargetjcBenefitjcPlanjctojcprovidjcage-weightedjcplan
Shiftjcinvestmentjcriskjctojcemployeesjc-jcanswer--Profitjcsharing,jcSEP,jcorjcTandemjcPlan
Desirejctojcprovidejctax-deferredjcsavingsjcforjcemployeesjc-jcanswer--
SimplejcIRAjcorjcSimplejc401(k)
Ownerjcusuallyjc45jcorjcolderjcandjcoldestjcorjconejcofjcthejcoldestjcemployees,jconlyjconejcorjc
twojcolderjc-jcanswer--DefinedjcBenefitjcPlan
Youngerjcemployeesjcbenefitjcfromjcyearsjcofjccontributionsjcandjccompoundingjc-
jcanswer--MoneyjcPurchasejcorjcTargetjcBenefitjcPlanjctojcprovidjcage-weightedjcplan