Business, 06.09.2020 02:01 janessa0804
During 2019, Jill, age 39, participated in a Section 401(k) plan which provides for maximum employee contributions of 11%. Jill's salary was $70,000 for the year. Jill elects to make the maximum contribution.
Required:
What is Jill's maximum tax-deferred contribution to the plan for the year?
Answers: 1
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During 2019, Jill, age 39, participated in a Section 401(k) plan which provides for maximum employee...
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