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Diane is an employee in safe harbor 401k plan. The plan provides for a basic safe harbor matching contribution (i.e. matching 100% on the first
Diane is an employee in safe harbor 401k plan.
The plan provides for a basic safe harbor matching contribution (i.e. matching 100% on the first 3% of compensation deferred plus 50% on the next 2% of compensation deferred).
Diane has compensation of $40,000. She defers $1600.
what is Diane's safe harbor matching allocation?
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