1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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:-

brainly.com/question/14560326

#SPJ4

You might be interested in
According to liquidity preference theory, money supply and money demand are balanced by adjustments of
givi [52]

Answer:

Nominal Interest rate

Explanation:

According to liquidity preference theory, money supply and money demand are balanced by adjustments of Nominal Interest rate. Suppose you have some money, you will decide to either keep it in cash or in the bank. If you keep the money in cash, the opportunity cost of keeping in cash is the interest rate earned if you would have kept the money in the bank. Bank offers the nominal interest rates and not the real interest rates. Bank rates are not adjusted for inflation. So if the interest rate on money increases the opportunity cost of holding money in cash increases. If money supply in the economy increases the demand for money will increase only by reducing the interest rate because then only people fir hold cash and demand higher money.  So, money supply and money demand are balanced by adjustments of the Nominal Interest rate.

5 0
3 years ago
Causwell company began 2018 with 10,000 units of inventory on hand. the cost of each unit was $5.00. during 2018 an additional 3
nydimaria [60]

The amount of cost of goods sold using FIFO method is $110,000.

Hope this helps. :)

3 0
3 years ago
When the relationship between government and interest groups becomes entangled and tight with some groups having formal governme
Talja [164]

Answer: Neo-Corporatism.

Explanation:

Neo- Corporatism emerged in resent times as a successor to State Corporatism. State Corporatism was a system whereby interest and labor groups were supposed to work together for the good of society. These were most prevalent in authoritarian regimes like Nazi Germany and post communist Lithuania.

Recently though, in some Democratic countries, interest groups have chosen to work with the Government to improve the lives of the people and enable the Government reach out deeper. These Peak Associations as they are often called help the Government compete economically and are very prevalent in countries and regions such as, Germany, Switzerland, Austria and Scandinavia.

6 0
3 years ago
Which of the following describes one of the ways that the demographics of an area affect the price of housing in that area? A. W
Anna35 [415]

Answer:

An area with younger people will have a higher demand for rentals and a lower demand for buying.- D.

4 0
3 years ago
Read 2 more answers
Samson, Inc. reported the following information for the​ year: Service Revenue $ 40 comma 000 Operating Expenses 24 comma 000 Ne
agasfer [191]

Answer:

$2.29

Explanation:

The units cost per service is the ratio of the total operating expense to the total number of services provided during the year. Given that the Operating Expenses 24 comma 000 and the  Number of Services Provided for the Year 10 comma 500,

the unit cost per​ service

= $24,000/10,500

= $2.285714286

To the nearest cents

= $2.29

6 0
3 years ago
Other questions:
  • Economists differ in their views of the role of the government in promoting economic growth. at the very least, the government s
    9·1 answer
  • A(n) ________ is thought of as an overarching system of formal and informal relationships within which the firm participates to
    11·1 answer
  • The interest rate the federal reserve charges on loans it makes to commercial banks is called the:
    9·1 answer
  • Bankruptcy is a process when a lender tries to obtain money from an individual's employer to pay an unpaid debt.
    9·2 answers
  • Breakwater Aquatics has a 45 day accounts receivable period. The estimated quarterly sales for this year, starting with the firs
    9·1 answer
  • The Megabux National Bank currently has deposits of $200 million. If the Fed establishes a reserve requirement of 12 percent, Me
    9·1 answer
  • Which of the following definition below describes a wall opening
    12·1 answer
  • *NOO LIINNKKKKSSS* Malik is a mechanical engineer who works for a large paper manufacturing company. What would be one task that
    14·2 answers
  • You will not hurt your credit rating if you:
    14·1 answer
  • New york city, london, and tokyo are examples of ______ financial centers because of their fiscal transparency and strict tax po
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!