Question: Contributions by a self-employed individual to a SEP plan for 2019 are limited to the lesser of a percent of net earned income or: a.$56,000

Contributions by a self-employed individual to a SEP plan for 2019 are limited to the lesser of a percent of net earned income or:

a.$56,000

b.$19,000

c.$0

d.$55,000

e.None of these choices are correct.

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