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Multiply the decimals using a calculator.
2.22 × 6.5 __________
Keogh Deduction
A tax deduction available to self-employed individuals or unincorporated businesses for retirement plan contributions.
Self-employed
An individual who works for themselves and does not have an employer withholding taxes from their paycheck.
Deductible Keogh Contribution
Contributions to a retirement plan for self-employed individuals or unincorporated businesses, allowing for tax deductions.
Traditional IRA
A type of retirement account that offers tax-deferred growth, with taxes being paid only upon withdrawal in retirement.
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