Arturo is a 15% partner in the Franklin Group and has net self-employment income of $250,000 in 2018. 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)$55,000

Question

Quizplus · Accepted Answer

The Answer of Arturo is a 15% partner in the Franklin Group and has net self-employment income of $250,000 in 2018. 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)$55,000

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