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A Sole Proprietor Establishes a Keogh Plan

question 59

True/False

A sole proprietor establishes a Keogh plan.The highest effective percentage of earned income she can contribute is 25 percent.


Definitions:

Majority Culture

The dominant cultural practices, beliefs, and values recognized and exercised by the majority of people in a given society.

Schizophrenia

A chronic brain disorder characterized by distorted thinking, emotions, and behaviors that can result in a disconnection from reality.

Psychological Origin

Pertaining to the psychological reasons or causes of a behavior, emotion, or thought process.

Biological Origin

Relating to the biological factors or processes that give rise to a phenomenon, organism, or disease.

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