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8 Required information Matthew (48 at year-end) develops cutting-edge technology for SV Inc., located in Silicon Valley. In 2018, Matthew participates in SV's money purchase

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8 Required information Matthew (48 at year-end) develops cutting-edge technology for SV Inc., located in Silicon Valley. In 2018, Matthew participates in SV's money purchase pension plan (a defined contribution plan) and in his company's 401k) plan. Under the money purchase pension plan, SV contributes 15 percent of an employee's salary to a retirement account for the employee up to the amount limited by the tax code. Because it provides the money purchase pension plan, SV does not contribute to the employee's 401k) plan, Matthew would like to maximize his contribution to his 401(K) account after SV's contribution to the money purchase plan. (Leave no answer blank. Enter zero if applicable.) Part 3 of 4 eBook Pint Assuming Matthew's annual salary is $66,000, c-1. What amount will SV contribute to Matthew's money purchase plan? c-2. What can Matthew contribute to his 401k) account in 2018 Complete this question by entering your answers in the tabs below. Req ci Req c2 What amount will SV contribute to Matthew's money purchase plan? 9.900 8 Required information Matthew (48 at year-end) develops cutting-edge technology for SV Inc, located in Silicon Valley In 2018, Matthew participates in SV's money purchase pension plan (a defined contribution plan) and in his company's 401(k) plan. Under the money purchase pension plan, SV contributes 15 percent of an employee's salary to a retirement account for the employee up to the amount limited by the tax code. Because it provides the money purchase pension plan, SV does not contribute to the employee's 401(k) plan. Matthew would like to maximize his contribution to his 401k) account after SV's contribution to the money purchase plan. (Leave no answer blank. Enter zero if applicable.) Part 3 of 4 eBlook Print Assuming Matthew's annual salary is $66,000, c-1. What amount will SV contribute to Matthew's money purchase plan? c-2. What can Matthew contribute to his 401k) account in 2018 Complete this question by entering your answers in the tabs below Req ct Req c2 What can Matthew contribute to his 401 (k) account in 2018? Req ct C Req 1 9 Required information Matthew (48 at year-end) develops cutting-edge technology for SV Inc, located in Silicon Valley. In 2018, Matthew participates in SV's money purchase pension plan (a defined contribution plan) and in his company's 401k) plan. Under the money purchase pension plan, SV contributes 15 percent of an employee's salary to a retirement account for the employee up to the amount limited by the tax code. Because it provides the money purchase pension plan, SV does not contribute to the employee's 401(k) plan. Matthew would like to maximize his contribution to his 401(k) account after SV's contribution to the money purchase plan. (Leave no answer blank. Enter zero if applicable.) art 4 of 4 d. Assume the same facts as part c, except that Matthew is 54 years old at the end of 2018. What amount can Matthew contribute to his 401k) account in 2018 3 Answer is complete but not entirely correct. 15,900

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