Variable dollar match: $1 per each $1 employee contribution on the first 2 percent of pay and
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Variable dollar match: $1 per each $1 employee contribution on the first 2 percent of pay and 75 cents per $1 employee contribution for the next 3 percent of pay. What is the employer’s contribution for
(a) Amanda,
(b) Shiyu, and
(c) Onkar? What is the total contribution (employee’s contribution plus employer’s contribution) to each employee’s 401(k) account:
(d) Amanda, (e)
Shiyu, and
(f) Onkar?
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