Question 23 of 75. Luna, a 50-year-old taxpayer, earned 552,000 in wages. What is the maximum deductible amount of contribution she can make to Section 401k plan for 2017 O $19,500 O $25,500 O $26.000 $52.000 Mark for follow up Question 24 of 75. Omar has worked for the same corporation for 30 years. When he retires, he will receive an annual pension. The amount of his benefit will be based on the number of years he worked for the company, his age, and the history of his earnings with the company, Omar participates in which of the following types of employer-sponsored retirement plans? 401(k) plan 403(b) plan O Defined benefit plan O Defined contribution plan Mark for follow up Question 25 of 75. Prescott is a public school teacher. He contributes to his employer's retirement savings plan through regular payroll doductions, His contributions are tax deferred, and so are his earnings in the plan. Prescott most likely participates in which of the following types of employer-sponsored retirement plans? 401(k) plan 403(b) plan Annuity Thrift Savings Plan