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FINRA Series 7

Category - Series 7

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The maximum contribution an employer may make to a SEP-IRA is:

$4,000
$5,000
25% of employee compensation
100% of employee compensation

Explanation

Answer: C - 25% of employee compensation. There is also a dollar cap that is has an annual cost-of-living adjustment.

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FINRA Series 7

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FINRA Series 7

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