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In 2023, Maggy (34 years old) is an employee of YBU Corporation. YBU provides a 401(k) plan for all its employees. According to the terms

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In 2023, Maggy (34 years old) is an employee of YBU Corporation. YBU provides a 401(k) plan for all its employees. According to the terms of the plan, YBU contributes 50 cents for every dollar the employee contributes. The maximum employer contribution under the plan is 15 percent of the employee's salary (if allowed, YBU contributes until the employee has contributed 30 percent of her salary). (Use Exhibit 13-2) E. Maggy wants to maximize YBU's contribution to her 401(k) account in 2023. How much should Maggy contribute to her 401(k) account assuming her annual salary is $100,000 (and assuming she works for YBU for the entire year)? In 2023, Maggy ( 34 years old) is an employee of YBU Corporation. YBU provides a 401(k) plan for all its employees. According to the terms of the plan, YBU contributes 50 cents for every dollar the employee contributes. The maximum employer contribution under the plan is 15 percent of the employee's salary (if allowed, YBU contributes until the employee has contributed 30 percent of her salary). (Use Exhibit 13-2) Maggy worked for YBU Corporation for 31/2 years before deciding to leave effective July 1, 2023. Maggy's annual salary during this ime was $45,000,$52,000,$55,000, and $60,000 (she only recelved half of her $60,0002023 salary). Maggy contributed 8 percent of her salary (including her 2023 salary) to her 401(k) account. Assume YBU uses six-year graded vesting. What is Maggy's vested account balance when she leaves YBU (excluslve of account earnings)? In 2023, Maggy (34 years old) is an employee of YBU Corporation. YBU provides a 401(k) plan for all its employees. According to the terms of the plan, YBU contributes 50 cents for every dollar the employee contributes. The maximum employer contribution under the plan is 15 percent of the employee's salary (if allowed, YBU contributes until the employee has contributed 30 percent of her salary). (Use Exhibit 13-2) d. Maggy wants to maximize YBU's contribution to her 401(k) account in 2023. Assume Maggy is 55 years old rather than 34 years old at the end of the year. How much should Maggy contribute to her 401(k) account

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