Question
Kevin is considering his new employer's 401(k) plan that has a 60% match up to 5% of his salary. If he earns a $55,000 salary
Kevin is considering his new employer's 401(k) plan that has a 60% match up to 5% of his salary. If he earns a $55,000 salary and he saves $9,000/yr for his retirement, how much money would his employer deposit to his account for him as a match?
| 1419 | |
|
| 1221 |
|
| 1650 |
|
| 1831.5 |
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Millon Cornett
1st International Edition
0071181334, 9780071181334
