Employers that set up money purchase plans must declare a set contribution level each year in the plan document, based on employeesâ salaries. Companies can contribute up to 25% of the total annual compensation of all plan participants, up to 100% of each participantâs salary or $54,000 (in 2017, up from $53,000 in 2016), whichever is less.
There are important distinctions between seagrasses and seaweed. Seagrass can easily be confused with marine macroalgae, or seaweed, but there are many important differences between the two. While seagrasses are considered vascular plants and have roots, stems and leaves, seaweed are multi-cellular algae and have little or no vascular tissues.
Seaweed is a loose colloquial term encompassing macroscopic, multicellular, benthic marine algae. The term includes some members of the red, brown and green algae. They are photosynthetic, like plants, and simple because they lack the many distinct organs found in land plants.