The most surprising thing to the visitor about Paraguay was that <u>Paraguay </u><u>was such a </u><u>small country.</u>
<h3>Facts about Paraguay</h3>
- It is in South America.
- It is located north of Argentina.
- It is relatively small.
The fact that Paraguay is in South America and is located north of Argentina is already well known and anyone who travels there should know this. The only other surprising thing would be that Paraguay is small as they have never won the Soccer World Cup.
In conclusion, option C is correct.
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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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