Question
Your client, Jane age 51 an employee at AT Electric, is considering contributing to a 401(k) plan during 2016. AT electric will match her contribution
Your client, Jane age 51 an employee at AT Electric, is considering contributing to a 401(k) plan during 2016. AT electric will match her contribution at 50% up to 6% of compensation. She makes $125,000. What is the maximum amount she can contribute to the plan for 2016?
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Accounting For Business
Authors: Peter Scott
2nd Edition
0198719868, 9780198719861
