1) jack has worked for the same corporation for 20 years. when he retired, he will receive an annual pension. the amount of his benefit will be based on the number of years he worked for the company, his age, and the history of his earnings with the company. jack participates in which of the following types of employer-sponsored retirement plans?

A) defined benefit plan

B)defined contribution plan

C)4012(k) plan

D)403(b) plan

2) Melody is single with a modified adjusted gross income of $71,000. she is covered by an employer-sponsored retirement plan.

she contributed $ 5,500 to her traditional IRA during the year. how much may she deduct?

A) $0 B) $1,100 C) $4,400 D) $5,500

3) All of the following are types of retirement plans self-employed taxpayers may establish for themselves and their employees except:

A) qualified defined contribution plans, such as 401(k) plan.

B) simplified employee pensions (SEPs).

C) simple IRAs.

D) spousal IRAs.