4 - SEPs Robert "Bubba" Breaux, 32, owns and operates a po'boy shop in New Orleans, called Ya Mama's Po Boys. It is a family business that sells authentic New Orleans fare, just like "ya mama would serve", assuming she was from New Orleans. Bubba wants to establish a retirement plan so he can save for his retirement and the retirement of his employees on a tax-deferred basis. He has recruited you to assist in making a plan selection for 2025. Bubba only wants to contribute in years that he makes a profit and does not want to incur much if anything on administrative expenses. Since the employees of Ya Mama's are all family members, Bubba is happy to contribute on behalf of the employees when the restaurant is doing well. 1. Based on Bubba's objectives, what type of retirement plan is most suited for his needs if his employees are not allowed to contribute on their own behalf to the plan? What additional contributions should Bubba recommend to his employees? 2. Why might you recommend that Bubba utilize a qualified profit-sharing plan with a Cash or Deferred Arrangements (CODA) in lieu of the suggestion in Question 1