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ABCInc.sponsorsadefinedcontributionplan.Seth,age39,hascompensationof$150,000fortheyear.ABChasmadea$20,000profitsharingplancontributionforSethand$5,000ofplanforfeitureswereallocatedtoSeth'sprofitsharingplanduringtheyear.HowmuchcanSethdeferintohisCODAplan(401(k)plan)for2017? a. $18,000. b. $24,000. c. $29,000. d. $34,000.

ABCInc.sponsorsadefinedcontributionplan.Seth,age39,hascompensationof$150,000fortheyear.ABChasmadea$20,000profitsharingplancontributionforSethand$5,000ofplanforfeitureswereallocatedtoSeth'sprofitsharingplanduringtheyear.HowmuchcanSethdeferintohisCODAplan(401(k)plan)for2017?

a.

$18,000.

b.

$24,000.

c.

$29,000.

d.

$34,000.

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