Question: Determine the maximum contribution that can be made to a Keogh plan in each of the following cases. In all instances, the individual is self-employed,
a) Self-employment income of $46,000.
b) Self-employment income of $46,000 and wage income of $30,000.
c) Self-employment income of $125,000.
d) Self-employment income of $280,000.
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In all cases the maximum Keogh contribution is limited to the lesser of 52000 or 25 of earned income ... View full answer
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