Dirk Has $228,000 of Earned Income in 2010

question 38

Multiple Choice

Dirk has $228,000 of earned income in 2010.The amount he can contribute to a SEP is:

• A)$22,800.
• B)$46,000.
• C)$49,000.
• D)$61,250.
• E)None of the above.

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Definitions:

Distinct Species

A group of organisms with common characteristics that can interbreed among themselves but not with members of other species.

Homo Sapiens

The species name for modern humans, characterized by a high degree of intelligence, complex language capabilities, and the ability to create and manipulate technology.

Homogenous Species

A term inaccurately suggesting a species is genetically or phenotypically uniform; in reality, most species exhibit significant genetic and phenotypic diversity.

Gene Flow

The movement of alleles or genes from one population to another through various mechanisms, such as migration.