The allowable amount a person can contribute to a Keogh plan a. is set by the U. S. Treasury. c. is $10,000 a year. b. is 59

4 answers
Question:

The allowable amount a person can contribute to a Keogh plan a. is set by the U. S. Treasury. c. is $10,000 a year. b. is 59 1/2 percent. d. changes periodically.

Answers

The allowable amount a person can contribute to a Keogh plan is 59 1/2 percent.

Explanation:

D) changes periodically.

Explanation:

During last year, 2019, the largest amount that an individual could contribute t a Keogh plan was either 25% of total salary or $56,000, whichever is less. This amount increases each year, for 2020 it will be $57,000, previously it was $50,000 for 2012, $51,000 for 2013, etc.

A Keogh plan is a retirement plan that is most commonly used by self-employed people or unincorporated businesses. You can start accessing funds when you are 59 1/2 years old, but your monthly withdrawals start when you are 70 1/2.

i tried to get the answer but i could not find it

D. centrally planned economy hope this ! : d

Similar Solved Works

3 answers

Sand dunes are large piles of of sand that can be found in the dessert. What causes these sand dunes to formA. IceB.

Sand dunes are large piles of of sand that can be found in the dessert. What causes these sand dunes to form A. Ice B. Wind C. Earthquakes D. Volcanoes...
10 answers

If you are given force and time, you can determine power if you can watts. energy. joules. distance.

If you are given force and time, you can determine power if you can watts. energy. joules. distance....
3 answers

Convert the following: 110110two to base ten 25ten to base two​

Convert the following: 110110two to base ten 25ten to base two​...
10 answers

What would be your definition of social studies?

What would be your definition of social studies?...
3 answers

What happen when carbon monoxide mixed with oxygen? how it can reduce amount of oxygen?

What happen when carbon monoxide mixed with oxygen? how it can reduce amount of oxygen?...
3 answers

Ablood test used to diagnose diabetes and monitor its treatment by measuring the amount of glycosylated

Ablood test used to diagnose diabetes and monitor its treatment by measuring the amount of glycosylated hemoglobin in the blood, providing an indication of blood sugar level over the past three months, was ordered by the endocrinologist. the name of the blood test is...
4 answers

Who expanded on voting rights?

Who expanded on voting rights?...
4 answers

Should the united states have gotten involved in the conflict in vietnam? need an essay : /

Should the united states have gotten involved in the conflict in vietnam? need an essay : /...
9 answers

Personal finance skills have the most significant impact on an individual's career education quality of life number of dependents

Personal finance skills have the most significant impact on an individual's career education quality of life number of dependents Submit Save and Exit Nexa Mark this and return...
3 answers

Why does my eye twitch everytime I rub my eyes??

Why does my eye twitch everytime I rub my eyes??...
3 answers

Ight let me get some help with Thai one

Ight let me get some help with Thai one [tex]Ight let me get some help with Thai one[/tex]...
3 answers

A ball of mass m makes a head-on elastic collision with a second ball (at rest) and rebounds in the opposite direction with

A ball of mass m makes a head-on elastic collision with a second ball (at rest) and rebounds in the opposite direction with a speed equal to one-fourth its original speed. what is the mass of the second ball?...
3 answers

A pair of sandals cost 29 Sarah has one $20 bill , one $ 5 bill, and three $ 1 bills. How much more money does she need to buy the sandals

A pair of sandals cost 29 Sarah has one $20 bill , one $ 5 bill, and three $ 1 bills. How much more money does she need to buy the sandals ?...
3 answers

(Click the image) can someone do this for me please!! I’ll mark you as brainliest! (I can’t spell omg)

(Click the image) can someone do this for me please!! I’ll mark you as brainliest! (I can’t spell omg) [tex](Click the image) can someone do this for me please!! I’ll mark you as brainliest! (I can’t spell o[/tex]...
4 answers

3(y+4)=21 solve for y show all work , u

3(y+4)=21 solve for y show all work , u...
4 answers

Who was elected commander-in-cheif of the continental army

Who was elected commander-in-cheif of the continental army...
3 answers

Aladder 10 ft long leans against a wall. the foot of the ladder is 8ft from the base of the wall. how

Aladder 10 ft long leans against a wall. the foot of the ladder is 8ft from the base of the wall. how high up the wall does the ladder rest...
3 answers

What clues reveal that nathan is in facts turning into a cat

What clues reveal that nathan is in facts turning into a cat...
12 answers

Question is in picture attached. PLEASE PLEASE HELPP.

Question is in picture attached. PLEASE PLEASE HELPP....
3 answers

A 2500kg automobile develops 30kW of power to drive with a constant velocity of 90km/h on a level ground. What power must it develop to drive up a 15

A 2500kg automobile develops 30kW of power to drive with a constant velocity of 90km/h on a level ground. What power must it develop to drive up a 15 degree hill with the same velocity....

-- 0.012361--