Which of the Following Statements Regarding Self-Employed Retirement Accounts Is

question 62

Multiple Choice

Which of the following statements regarding self-employed retirement accounts is true?

• A)A self-employed taxpayer who has hired employees may not set up a SEP IRA.
• B)A self-employed taxpayer who has hired employees may set up either a SEP IRA or an individual 401(k).
• C)A self-employed taxpayer who has hired employees may not set up an individual 401(k).
• D)All of these choices are correct.

---

Definitions:

Active Euthanasia

The deliberate action taken to end the life of a person suffering from an incurable or severe disease or condition, at their request or with their consent.

Passive Euthanasia

Allowing a person to die by withholding or withdrawing life-sustaining treatments, rather than by an active effort to cause death.

Quality-Of-Life

An individual's overall assessment of their well-being, encompassing both physical health and emotional satisfaction.

Mercy Killing

The act of ending the life of a person or animal in a painless or minimally painful way, for the purpose of relieving suffering, often debated ethically and legally.