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 14th Amendment was put forward as the country was healing itself from the Civil War and was ratified in 1868. It stated that all persons born or naturalized in the United States-including African Americans-are citizens of the country.Its Due Process Clause also stated that local and state governments cannot deprive any citizen of 'life, liberty or property' without due cause.lthough the Civil War officially ended slavery, the 14th Amendment to the Constitution cemented its demise. Develop an understanding of the 14th Amendment and test your knowledge with a short quiz.