Mathematics, 06.03.2020 14:04 Ladarius622

Wayne is 37 years old and has his retirement savings in a
401(k). If he makes $110,000 annually, what is the maximum
percentage of his income that he can contribute to his 401(k)
plan per year?
A. 12%
B. 30%
C. 15%
D. 16.5%
ANSWER: C. 15%

Answers: 1

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More questions: Mathematics Another questions

Wayne is 37 years old and has his retirement savings in a401(k). If he makes $110,000 annually, what is the maximumpercentage of his income that he can contribute to his 401(k)plan per year?A. 12%B. 30%C. 15%D. 16.5%ANSWER: C. 15%

Answers

Another question on Mathematics

Wayne is 37 years old and has his retirement savings in a
401(k). If he makes $110,000 annually, what is the maximum
percentage of his income that he can contribute to his 401(k)
plan per year?
A. 12%
B. 30%
C. 15%
D. 16.5%
ANSWER: C. 15%