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Regarding Tax Favored Retirement Plans for Employees and Self-Employed Persons

Question 96

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Regarding tax favored retirement plans for employees and self-employed persons, comment on the following:

a. The exclusion versus deduction approaches as to contributions by participants.
b. Tax-free accumulation of earnings.
c. The deferral of income tax consequences.
d. Employee versus self-employed status.

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contributions by a self-employed person ...

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