Multiple Choice
Ken is a 15% partner in the Robinson & Sons and has net self-employment income of $98,000, $100,000 and $102,000 in his highest three consecutive years. The maximum amount that Ken can receive under a Keogh defined benefit plan is
A) $13,045
B) $75,000
C) $100,000
D) $160,000
E) $205,000
Correct Answer:
Verified
Correct Answer:
Verified
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