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.
Citizenship and Privileges Clauses. The first part of the Fourteenth Amendment, known as the Citizenship Clause, automatically confers U.S. and state citizenship at birth to all those âsubject to the jurisdictionâ of the United States.ome members of Congress propose doing so in the United States as well. The Privileges or Immunities Clause of the Fourteenth Amendment was designed to ensure that all citizens of the United States enjoyed the same basic rights in every state, regardless of where they lived.