Question: Discuss some of the concerns about the future of Social
Discuss some of the concerns about the future of Social Security.
Answer to relevant QuestionsDescribe how employer sponsored retirement plans work in general. SEP Versus SIMPLE Plans. Compare and contrast a Simplified Employee Pension (SEP) plan and a Savings Incentive Match Plan for Employees (SIMPLE). How much will Marie have in her retirement account in 10 years if her contribution is $ 7,000 per year and the annual return on the account is 6%? How much of this amount represents interest? Dave’s employer has strongly urged him to invest his entire 401(k) contribution in the company’s stock. Advise Dave on how to handle this situation. What is a power of attorney?
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