Question: Mr. MC, age 50, is a self-employed writer who published 11 novels in the past 20 years. Each year, he makes the maximum contribution to

Mr. MC, age 50, is a self-employed writer who published 11 novels in the past 20 years. Each year, he makes the maximum contribution to his Keogh plan. This year, he borrowed $200,000 from the plan to finance the construction of a new home. Under the borrowing agreement, he pays a market interest rate and must repay the debt in five years.

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