Which of the following statements regarding self-employed retirement accounts is true? A self-employed taxpayer who has hired
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Question:
Which of the following statements regarding self-employed retirement accounts is true?
A self-employed taxpayer who has hired employees may not set up a SEP IRA.
A self-employed taxpayer who has hired employees may set up either a SEP IRA or an individual 401(k).
A self-employed taxpayer who has hired employees may not set up an individual 401(k).
All of these choices are correct.
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