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dusya [7]
1 year ago
11

The tax sheltered prgrma to encourage self employed people to acculumlate reitment funds is called?

Business
1 answer:
romanna [79]1 year ago
5 0

The tax sheltered prgrma to encourage self employed people to acculumlate reitment funds is called Keogh plan.

A Keogh plan is a tax-deferred pension plan available to self-employed individuals or unincorporated organizations for retirement functions. A Keogh plan can be set up as both a defined-benefit plan or a defined-contribution plan, though maximum plans are set as the latter. A Keogh plan is a type of retirement investment account for self-employed people and business owners. Contributions to a Keogh plan are made pre-tax, while withdrawals in retirement face income tax. Positive sorts of Keogh plans may have higher contribution limits than other retirement debts.

A Keogh plan (is a tax-deferred pension account for self-employed people and employees of unincorporated businesses. Like IRAs, an worker can also put almost available investment into a Keogh plan, and the investment earnings develop on a tax-deferred basis.

Learn more about Keogh plan here:-

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3 years ago
Bridgette wants to start a corporation. She is looking for a state in which to incorporate. If she incorporates in the state wit
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<u>Full question:</u>

Bridgette wants to start a corporation. She is looking for a state in which to incorporate. If she incorporates in the state with laws that favor corporate management, where many corporations have incorporated, she will select:

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If she incorporates in the state with laws that favor corporate management, where many corporations have incorporated, she will select:  Delaware

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4 years ago
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