A Keogh Plan Maintained for the Owner of an Unincorporated

question 11

True/False

A Keogh plan maintained for the owner of an unincorporated business must cover all employees of the business on a nondiscriminatory basis.

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Definitions:

Logical Function

A function that applies logical operators on its arguments to return Boolean values; used in programming and mathematical contexts.

IF

A conditional statement used in programming that executes a specific block of code if a specified condition is true.

OR

In statistics, 'OR' typically refers to the odds ratio, a measure of association between two binary outcomes.

VLOOKUP

A function in spreadsheet programs that searches for a value in the first column of a table array and returns a value in the same row from a specified column.