What types of organizations are eligible for 403(b) plans to benefit their employees?
A) Private corporations such as law firms and CPA firms
B) Nonprofit organizations such as public schools, churches, and hospitals
C) Banks and credit unions
D) Manufacturing business with more than 1,000 employees
Ans: B) Nonprofit organizations such as public schools, churches, and hospitals
Business
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Indicate whether the statement is true or false
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What will be an ideal response?
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