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In2022, how much are eligible employees able to contribute to a SEP plan? A) Lesser of 25% of the compensation or $61,000 B) Greater of

In2022, how much are eligible employees able to contribute to a SEP plan?

A) Lesser of 25% of the compensation or $61,000

B) Greater of 25% of their compensation or $61,000

C) Lesser of 25% of their compensation or $58,000

D) Greater of 25% of their compensation or $58,00

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