In $2021,$ Justine earns $$22,000$ as an employee of CHS Systems $($CHS$).$ Before filing its current year tax return, CHS decides to establish a SEP plan for its employees and contribute the maximum amount permissible for the benefit of each employee. In this case, Justine may receive a contribution of $$12,000$ to her SEP account.

Group of answer choices

True

False