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this answer i got from previously submission to Chegg Ms. Jost participates in her employer's Section 401(k) plan, which obligates the employer to contribute 25
this answer i got from previously submission to Chegg
Ms. Jost participates in her employer's Section 401(k) plan, which obligates the employer to contribute 25 cents for every dollar that an employee elects to contribute to the plan. This year, Ms. Jost's salary is $110,000, and she elects to contribute the maximum to her Section 401(k) account. a. How much of Ms. Jost's salary is taxable this year? b. Compute the total contribution to Ms. Jost's plan c. Compute the employer's deduction for compensation paid to Ms. Jost. 3 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required C How much of Ms. Jost's salary is taxable this year? Taxable salary s 91,000 RequiredB> Ms. Jost participates in her employer's Section 401(k) plan, which obligates the employer to contribute 25 cents for every dollar that arn employee elects to contribute to the plan. This year, Ms. Jost's salary is $110,000, and she elects to contribute the maximum to her Section 401(k) account. a. How much of Ms. Jost's salary is taxable this year? b. Compute the total contribution to Ms. Jost's plan. c. Compute the employer's deduction for compensation paid to Ms. Jost Answer is complete but not entirely correct Complete this question by entering your answers in the tabs below Required ARequired BRequired C Compute the total contribution to Ms. Jost's plan Total contribution 19,000 K Required A RequiredC > Ms. Jost participates in her employer's Section 401(k) plan, which obligates the employer to contribute 25 cents for every dollar that an employee elects to contribute to the plan. This year, Ms. Jost's salary is $110,000, and she elects to contribute the maximum to her Section 401(k) account. a. How much of Ms. Jost's salary is taxable this year? b. Compute the total contribution to Ms. Jost's plan. c. Compute the employer's deduction for compensation paid to Ms. Jost. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required BRequired C Compute the employer's deduction for compensation paid to Ms. Jost. Employer's deduction 4,750 Required B RequiredcStep by Step Solution
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