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Mathematics, 25.10.2021 17:20 kfnldkl1782

Shailey owns a small business and opened a Simplified Employer Pension Individual Retirement Account. Her business profit this year was $75,000. By law, SEP-IRA contributions cannot exceed 25% of a self-employed person’s net income. How much is Shailey permitted to deposit into her SEP-IRA?

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Shailey owns a small business and opened a Simplified Employer Pension Individual Retirement Account...
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