In 2014,a 52-Year-Old Participant in a 401(k)plan May Contribute a Maximum

question 35

Multiple Choice

In 2014,a 52-year-old participant in a 401(k) plan may contribute a maximum of:

• A) $6,500.
• B) $14,500.
• C) $17,500.
• D) $23,000.

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Definitions:

Organization

In a biological context, it refers to the structured and regulated arrangement of living organisms, from cellular components to complex body systems.

Maturation

The process of becoming mature, involving growth and development that occurs in an organism over time.

Development

The process of growth and change that organisms undergo from their inception to their mature form, including physical, cognitive, and social changes.

Proximal

Describes a position in a limb that is nearer to the point of attachment or to the body trunk.