The Maximum That an Individual Can Contribute to a Keogh

question 107

Multiple Choice

The maximum that an individual can contribute to a Keogh plan each year is

• A) $2,000.
• B) 10% of annual income.
• C) $5,000.
• D) $15,500.
• E) 25% of annual income, up to a maximum of $49,000.

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Definitions:

Bystander Effect

A social psychological phenomenon where individuals are less likely to offer help to a victim when other people are present.

Social Facilitation

The inclination of individuals to behave differently, often improving their performance, when they are around others compared to when they are by themselves.

Independence

The state or quality of being self-reliant and free from outside control, making one's own decisions.

Defiance

Open resistance; bold disobedience.