A retirement plan in which the employer contributes to an IRA established for each eligible employee, with annual contribution limits substantially higher than those allowed for traditional IRAs, describes a

A retirement plan in which the employer contributes to an IRA established for each eligible employee, with annual contribution limits substantially higher than those allowed for traditional IRAs, describes a



A. Simplified Employee Pension (SEP) plan.


B. Section 403(b) plan.


C. Profit-sharing plan.


D. Section 401(k) plan.



Answer: A

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