June and Ward Cleaver Are Married

question 132

Multiple Choice

June and Ward Cleaver are married.June works as an accountant and contributes to a 401(k) plan at work.Ward is a web page designer and works for himself from their home.What type of retirement plan would be an option for Ward?

• A)Keogh plan
• B)SEP-IRA plan
• C)Individual IRA
• D)All of the above are correct.
• E)Only A and C are correct.

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Definitions:

African Americans

A demographic group in the United States characterized by individuals with ancestry from sub-Saharan Africa.

Agency Shops

A workplace where employees are not required to join a union as a condition of employment, but must still pay union fees if a union is present.

Open Shops

Workplaces where employees are not required to join a union as a condition of employment, allowing freedom of association.

Job Turnover

The rate at which employees leave a workforce and are replaced by new ones, impacting both individual organizations and the broader economy.