Question: Problem 5 - 1 2 Simplified Employee Pensions ( LO 5 . 4 ) Mario, a self - employed plumber, makes a maximum contribution to

Problem 5-12
Simplified Employee Pensions (LO 5.4)
Mario, a self-employed plumber, makes a maximum contribution to a SEP for his employee, Peach. Peach's compensation is $50,000 for the year. How much is he allowed to contribute to the plan for Peach?
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Problem 5 - 1 2 Simplified Employee Pensions ( LO

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