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The Maximum Annual Elective Contribution for a Participant Who Is

question 101

True/False

The maximum annual elective contribution for a participant who is age 40 in a § 401(k)plan is $16,500 for 2011.


Definitions:

Stimulant Medications

Drugs that increase alertness, attention, and energy by boosting the levels of certain chemicals in the brain.

ADHD

Attention Deficit Hyperactivity Disorder, a neurodevelopmental disorder characterized by problems with focus, impulsiveness, and excessive activity.

Ritalin

A medication commonly prescribed to treat attention deficit hyperactivity disorder (ADHD) and narcolepsy, working by stimulating the central nervous system.

Dopamine

Dopamine is a neurotransmitter involved in many functions, including mood regulation, motivation, and the reward system, affecting how we perceive pleasure.

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