A Participant, Who Is Age 38, in a Cash or Deferred

question 27

Multiple Choice

A participant, who is age 38, in a cash or deferred arrangement plan [§ 401(k) ] may contribute up to what amount in 2012?

• A)$12,000.
• B)$16,500.
• C)$17,000.
• D)$17,500.
• E)None of the above.

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Definitions:

Jumping

The action of propelling oneself into the air through the forceful extension of the legs, often used in sports, exercise, or as a means of bypassing obstacles.

Firearms

Portable weapons that launch one or more projectiles driven by rapidly expanding high-pressure gas produced chemically by propellant combustion.

Suicide Rate

A statistical measure representing the number of suicide deaths in a specified population or area over a given timeframe.

Married Persons

Individuals who are legally joined in matrimony, a state that entails certain legal rights, responsibilities, and social recognition.