What Is the Maximum Contribution for 401(k)plans

question 95

Multiple Choice

What is the maximum contribution for 401(k) plans?

• A) 15% of salary up to $17,500
• B) 25% of gross income up to $49,000
• C) 50% of gross income up to $22,300
• D) 100% of salary up to $5,000

---

Definitions:

Bilingual

Bilingual refers to an individual who has the ability to use two languages fluently, often by speaking, reading, writing, or understanding.

Blind Children

refers to children who are unable to see due to physiological or neurological factors, impacting their development and learning processes.

Sighted Children

Children who have the ability to see, as opposed to those who are visually impaired or blind.

Language Acquisition

The process by which humans gain the ability to perceive and comprehend language, as well as to produce and use words and sentences to communicate.