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

Multiple Choice

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