If an Employer's Contribution to a SEP IRA Is Less

question 92

True/False

If an employer's contribution to a SEP IRA is less than $54,000 in 2017 (or 25% of the employee's earned income, if less), the employee can contribute the difference.

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Definitions:

Display Rules

Culturally determined guidelines that govern the management and expression of emotions in various social situations.

Emotions

Powerful, largely uncontrollable feelings, accompanied by physiological changes.

Norms

Guidelines or rules of behavior that are considered acceptable in a group or society.

Personal Space

The physical area surrounding an individual that they regard as psychologically theirs, invasion of which can lead to discomfort or anxiety.