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Schach [20]
1 year ago
15

Two attorneys operate their practice as a partnership. They want to start a program through their practice that will provide ret

irement benefits for themselves and three employees. They would likely choose
A - Section 457 Deferred Compensation Plan.
B - 403(b) plan.
C - 401(k) plan.
D - HR-10 (Keogh Plan).
SAT
1 answer:
Softa [21]1 year ago
7 0

They want to start a program through their practice that will provide retirement benefits for themselves & three other employees. They would likely choose <u>HR-10 (Keogh Plan)</u><u>,</u> the correct option is D.

<h3>What is Keogh Plan?</h3>

For retirement, self-employed people and unincorporated businesses can use a Keogh plan, which is a tax-deferred pension plan. Defining a Keogh plan as either a defined-benefit or defined-contribution arrangement is possible, though the latter is how most plans are set up.

Contributions are typically tax deductible up to a predetermined percentage of annual income, with applicable absolute limits in U.S. dollars, which the Internal Revenue Service (IRS) can alter annually.

Self-employed individuals and unincorporated businesses, such as sole proprietorships and partnerships, can participate in Keogh plans as retirement plans. The creation and use of a Keogh plan for retirement is not permitted for independent contractors.

Learn more about Keogh plan

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Identify the functions of and problems with schemas.
vivado [14]

The Functions of Schemas:
1. Schemas help us to quickly interpret and categorize information. They allow us to make sense of the world around us by organizing it into meaningful categories and providing us with a framework for understanding and interpreting new information.

Problems with Schemas:
1. Schemas can lead to oversimplification and premature closure. Once we have a schema in place, we may be inclined to assume that it is the only way to interpret a situation or to assume that all new information will fit into the same categories. This can lead to inaccurate interpretations or assumptions.

What is Schemas?
Schemas
are mental structures that help organize and interpret information. They are used to interpret sensory information, organize memories, and make predictions about the future. Schemas provide a framework for understanding and interpreting the world around us. They influence the way we perceive, think, and act. Schemas are often developed through experience and can be used to guide behavior. They can also be used to understand how people create meaning in their lives. Schemas are constantly evolving and changing as we encounter new experiences. They help us make sense of the world around us and can be used to explain why people behave the way they do.

To learn more about Schemas
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5 0
1 year ago
Which statements describe the southern economy in the antebellum era? select three responses. It was primarily agricultural. It
I am Lyosha [343]

The statements describing the southern economy in the antebellum era include 'it was primarily agricultural', 'it relied heavily on slave labor' and 'it produced mostly cotton and tobacco', It was a primary economy.

<h3>The southern economy in the antebellum era</h3>

In the USA, the economy of the antebellum era underwent an acceleration of economic growth.

This economy was characterized by the presence of slaves in the southern states and the family-farm of the free states.

In these southern states, the economy was directly tied to cotton and tobacco production.

Learn more about the antebellum era here:

brainly.com/question/8379433

8 0
3 years ago
Why are holy orders and matrimony called the sacraments at the service of communion
Vika [28.1K]

through the laying on of hands and the prayer of consecration, those receiving holy orders are "consecrated in Christ's name to feed the church by the word and the grace of god. ... Why are the Holy Orders and Matrimony called the Sacraments at the service of Communion?

6 0
3 years ago
As you approach an emergency vehicle parked on the roadway of an interstate highway with its emergency lights activated what mus
morpeh [17]
<span>When safe, leave the lane closet to the emergency vehicle.</span>
8 0
3 years ago
What is the mean for the following scores: 2, 5, 4, 1, 8?.
Dmitry [639]

Explanation:

mean = sum of the numbers over the total numbers

mean = 2+5+4+1+8/5

mean =20/5

mean=4

6 0
2 years ago
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