Series 6 - Investment Company And Variable Contracts Products Representative Exam

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Employers must contribute annually to all of the following plans EXCEPT:

money purchase plan
A
profit sharing plan
B
401(k) plan
C
defined benefit plan
D
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Explanations

Employers must contribute to all defined benefit plans and all defined contribution plans EXCEPT for profit sharing plans. Employers may choose to not contribute during years when profits are low.

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