Samantha Montgomery (age 42) is employed by Canon Company and is paid a salary of $62,430. She has just decided to join the company's Simple Retirement Account (IRA form) and has a few questions. Answer the following for Montgomery:

3.a. What is the maximum that she can contribute into this retirement fund? $

3.b. What would be the company's contribution? $

3.c. What would be her weekly take-home pay with the retirement contribution deducted (married, 2 allowances, wage-bracket method, and a 2.3% state income tax on total wages)? Use the Wage- bracket tables in Publication 15. $

3.d. What would be her weekly take-home pay without the retirement contribution deduction? $