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If Harriet continues to earn her present salary and make maximum use of her 401k plan to defer income until her retirement, what will her
If Harriet continues to earn her present salary and make maximum use of her 401k plan to defer income until her retirement, what will her account value be at retirement? Present Salary equals 90,000 MFJ. 401k balance equals 180,000 which allows elective deferrals of up to 10% of her salary. The plan will match 50% of her deferrals up to 6% of income. A. 495,437 B. 564,335 C. 861,226 D. 1,263,769 E. 1,520,296
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