3. which of the following factors would increase the amount a household would need to save for retirement?

A) higher expected rate of return on investments

B) increase in retirement life expectancy

C) higher expected inflation

D) lower wage replacement ratio

4. jason, age 52, earns $300000 per year and is a participant in his employer's 401K, which is a CODA attached to his profit sharing plan. Jason deferred the maximum $26000 in his 401K. Ignoring the ADP test requirements, what is the maximum amount that his employer can contribute through matching/ profit sharing contributions in 2021?

A. $58,000

B. $38500

C. $0

D. 19,500