A Retirement Account for the Self-Employed Is Called a

question 33

Multiple Choice

A retirement account for the self-employed is called a

• A) 401(k) plan
• B) Keogh account (HR10 account)
• C) 10-K report
• D) tax-deferred annuity

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Definitions:

One-Time Sales

Refers to transactions where products or services are sold on a singular occasion, rather than on a recurring basis.

Individual Customers

Single persons or entities that purchase goods or services for personal use or consumption rather than for resale.

Trade Associations

Organizations founded and funded by businesses that operate in a specific industry, aimed at promoting their collective interests.

Commercial Banks

Commercial banks are financial institutions that offer a wide range of banking services to businesses and individuals, including deposit accounts, loans, and other financial products.