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Question 2 of 10. Jenna, a small business owner, started a SIMPLE-IRA plan on January 1, 2019. She makes a 3% matching contribution to the
Question 2 of 10. Jenna, a small business owner, started a SIMPLE-IRA plan on January 1, 2019. She makes a 3% matching contribution to the accounts. Her employees are as follows: Henry, 524,000 compensation, defers 5% of salary Justine, $35,000 compensation, defers 10% of salary Niam, $40.000 compensation, defers 0% of salary Jenna's net self-employment income is $90,000 and she contributes 10% of her salary. How much does Jenna's business contribute in matching ontributions to the SIMPLE accounta? $4.470 $5,670 $9.450 $13,700 Mark for follow up Save / Return Later Summary Next
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