A SEP IRA allows generous contributions limits. The 2015 and 2016 SEP IRA contribution limit is $53,000. Within IRS limits, contributions into a SEP IRA are generally 100% tax deductible. Interest earned in a SEP IRA grows tax-deferred.
It was passed by Congress on June 13, 1866, and ratified by the states as of July 9, 1868. The 14th Amendment contained three major provisions: The Citizenship Clause granted citizenship to All persons born or naturalized in the United States.
The 22nd Amendment to the US Constitution was passed by Congress on February 27, 1951. It limited the number of terms anyone could serve as president to two.However, to account for individuals who might have taken over as president in the middle of a term, a person could serve as president or ten years.This amendment was passed after Franklin Roosevelt was elected to a record four terms as president.he 22nd Amendment to the US Constitution was passed by Congress on February 27, 1951. It limited the number of terms anyone could serve as president to two.