Of the tax-favored retirement plans for the self-employed and small business employee, one is limited to $52,000 of annual contributions per person. It is the ________ plan
A) Keogh
B) SEP-IRA
C) SIMPLE
D) 401(k)
E) thrift
Answer: B
Business
You might also like to view...
Machine set-up would be considered a batch-level cost
Indicate whether the statement is true or false
Business
How much did AJCC's operating cash flow increase or decrease between fiscal years 2005 and 2006?
Outside of the change in net assets and depreciation, what was the two largest sources of operating cash flow for fiscal year 2006? Where did you find the information? Support your answer with the appropriate numbers from the statements.
Business