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Donnie, age 60 , contributed $23,000 to her profit sharing account this year. What is the maximum contribution the employer can make to Donnie's account

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image text in transcribed Donnie, age 60 , contributed $23,000 to her profit sharing account this year. What is the maximum contribution the employer can make to Donnie's account this year? Eileen has a 401(k) plan to which salary reductions and matching contributions have been made for a number of years. She has had unexpected financial obligations in the current year and would like to take a distribution from the account to cover the expenses. Which of the following expenses would NOT meet the "immediate and heavy" requirement for hardship distributions? purchase of a principal residence college tuition expenses for her son purchase of an automobile college tuition expenses for her husband Dahlia worked for Dexter Co. for two years. She had $20,000 in her profit sharing account at the time she left the company, $15,000 of which she had contributed. If the company used the 2-6 year graduated vesting schedule, how much can Dahlia roll over to her IRA

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