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Question 6 (1 point) Saved Jennifer, age 54, earns $125,000 annually from ABC Incorporated. ABC sponsors a SIMPLE and matches all employee deferrals 100% up

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Question 6 (1 point) Saved Jennifer, age 54, earns $125,000 annually from ABC Incorporated. ABC sponsors a SIMPLE and matches all employee deferrals 100% up to a 3% contribution. Assuming Jennifer defers the maximum to her SIMPLE, what is the total contribution to the account in 2019 including both employee and employer contributions? O $16,000 $19,000 $21,550 $16,750 $19,750

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