Question: Problem 5 - 1 2 Small Business and Self - Employed Retirement Plans ( LO 5 . 4 ) Mario, a self - employed plumber,

Problem 5-12
Small Business and Self-Employed Retirement Plans (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?
4
Problem 5-12 Small Business and Self-Employed Retirement Plans (LO 5.4) Mario,

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