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.
Seaweeds are marine algae, saltwater-dwelling, simple plants, including red, brown, and green algae. Most algae have root-like structures called holdfasts that anchor the plant to rocks and other substrates. While blue-green species are called algae, they are actually bacteria.