What Is the 2016 Elective Deferral Limit for 401(k)and 403(b)plans

question 4

Multiple Choice

What is the 2016 elective deferral limit for 401(k) and 403(b) plans?

• A)3 percent of compensation.
• B)5 percent of compensation.
• C)$12,000.00.
• D)$18,000.00.

---

Definitions:

External Validity

The extent to which the findings of a study can be generalized to other settings, populations, or times.

Environmental Conditions

The various physical and biological factors that affect individuals and communities' living and working environments.

College Students

Individuals enrolled in an institution of higher education aiming to achieve degrees or certifications.

External Validity

The capacity for the conclusions of a study to be relevant in other circumstances and among different groups of people.