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    Exam 19: Retirement Planning
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    Bill Is Self-Employed and Has Established a SEP Retirement Plan
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Bill Is Self-Employed and Has Established a SEP Retirement Plan

Question 38

Question 38

Multiple Choice

Bill is self-employed and has established a SEP retirement plan. Bill's net income for 2015 2018 is $74,500. How much can Bill contribute to the SEP?


A) $40,000
B) $17,000
C) $18,625
D) $11,500

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