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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Edgeunity sample response:
<span> First, the student should estimate the cost of attending a two-year program. Then she should plan to save part of that cost. Finally, she should determine how much to budget for periodic deposits.</span>
Answer: 42,500
Explanation:
based on the graph the best answer to go with is 42,500 since it’s past 40,000 and not quite at 45,000. let me know if it’s correct or not, sorry if it won’t be in advance
Answer:
Explanation:
Wind, solar and hydroelectric systems generate electricity with no associated air pollution emissions. Geothermal and biomass systems emit some air pollutants, through total air emissions are generally much lower than those of coal and natural gas fired power plants.
