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Assume your annual salary is $55,000 and you have decided to contribute %16 of your annual salary to your 401 (k. plan). The dollar value

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Assume your annual salary is $55,000 and you have decided to contribute %16 of your annual salary to your 401 (k. plan). The dollar value of your contribution would be If the company match is $0.60 for every dollar you contribute up to 4 percent of your salary, then your company match will equal $8,800,55,280 $3,800:$1,320 58,800:51.408 $6,350,$3.340

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