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.
Key Clauses of the 14th Amendment. Four principles were asserted in the text of the 14th amendment. They were: State and federal citizenship for all persons regardless of race both born or naturalized in the United States was reaffirmed. No state would be allowed to abridge the privileges and immunities of citizens.