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.

---

Definitions:

Pursuit

The action of following or striving to achieve something, often with determination.

Goals

Targets or outcomes that an individual or organization aims to achieve through specific actions or behaviors.

Self-regulation

The process by which individuals control their behavior, emotions, and thoughts towards achieving long-term goals.

Adapt

The process of adjusting or modifying oneself or one's actions in response to changes in the environment or conditions.