In General, Which of the Following Statements Regarding Self-Employed Retirement

In general, which of the following statements regarding self-employed retirement accounts is true?

A) In general, SEP IRAs have higher contribution limits than individual 401(k) s if the contributing taxpayer is at least 50 years of age at year end.
B) In general, SEP IRAs have higher contribution limits than individual 401(k) s no matter the age of the contributing taxpayer.
C) In general, Individual 401(k) s have higher contribution limits than SEP IRAs.
D) None of these.In general, both SEP IRAs and individual 401(k) s have exactly the same annual contribution limits.