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Business, 21.12.2019 06:31 allisonmareesanders2

Kathy is 60 years of age and self-employed. during 2018 she reported $100,000 of revenues and $40,000 of expenses relating to her self-employment activities.

if kathy has no other retirement accounts in her name, what is the maximum amount she can contribute to a simplified employee pension (sep) ira for 2018?

(round your final answer to the nearest whole number)a) $11,152.b) $17,152.c) $12,000d) $55,000.

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