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Maria works for a not-for-profit company that offers 50% matching for their 403(b) plan.A 403(b) plan is very similar to a 401(k) plan and allows
Maria works for a not-for-profit company that offers 50% matching for their 403(b) plan.A 403(b) plan is very similar to a 401(k) plan and allows employees to invest their money pre-tax.The plan predicts investors will earn 4.6%.
If Maria invests $220 per month.Find how much money her company will match every month.
What is the total amount that will be added to Maria's account every month?
Round your answer to the nearest cent.
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