Arturo is a 15% partner in the Franklin Group and has net self-employment income of $250,000 in 2014. The maximum amount that Arturo can contribute to a Keogh money purchase plan is
A) $40,000
B) $46,000
C) $49,000
D) $50,000
E) $62,500

Question

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The Answer of Arturo is a 15% partner in the Franklin Group and has net self-employment income of $250,000 in 2014. The maximum amount that Arturo can contribute to a Keogh money purchase plan is
A) $40,000
B) $46,000
C) $49,000
D) $50,000
E) $62,500

Arturo Is a 15% Partner in the Franklin Group and Has