Mathematics, 13.05.2021 20:50 kitttimothy55
Tyrone has an annual salary of $48,000. His employer offers a 401k plan; the company matches 25%
of Tyrone's 401k contributions up to 5% of his salary. The maximum allowable contribution to any
401k is $16,500. To maximize his employer's contribution, Tyrone should deposit $200 a month into
his account and his employer will deposit $50.
True
O False
Answers: 3
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Tyrone has an annual salary of $48,000. His employer offers a 401k plan; the company matches 25%
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