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.
TEXT OF 14th AMENDMENT. AMENDMENT XIV. SECTION 1. All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the state wherein they reside.he 14th amendment is a very important amendment that defines what it means to be a US citizen and protects certain rights of the people. There are three important âclausesâ in the 14th amendment, each of which are still important today.