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Issac contributes 9 % of his $ 6 0 , 0 0 0 salary to a Traditional 4 0 1 ( k ) . His

Issac contributes 9% of his $60,000 salary to a Traditional 401(k). His employer, ABC Corp., matches 50% of his contributions up to 10% of his salary. His average tax rate is 14% and his marginal tax rate is 25%.
How much is the total contribution to his 401(k)(include both his and the company's contribution) and how much would he save in taxes in the year of the contribution?
A. The total contribution is $8,400 and the tax savings is $2,100
B. The total contribution is $8,100 and the tax savings is $0
C. The total contribution is $8,100 and the tax savings is $1,350
D. The total contribution is $8,400 and the tax savings is $1,350
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