Jillian has just started her first job with a $45,000 salary at a company with a 401 (k) plan that has a 100% match up to 3% gross salary. She figures she can afford to save $3,000/yr out of her income for her retirement. What should Jillian ideally do?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Jillian has just started her first job with a $45,000 salary at a company with a 401 (k) plan that has a 100% match up to 3% gross salary. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Assume a project has normal cash flows (i. e., the initial cash flow is negative, and all other cash flows are positive). Which of the following statements is most correct? a. All else equal, a project's IRR increases as the cost of capital declines.
Answers (1)
Mike Derr and Mark Finger form a partnership by combining assets of their separate businesses. The following balance sheet is from Derr's sole proprietorship. The market value of Derr's equipment is $5,000 and the market value of land is $8,000.
Answers (1)
Which of the following is a disadvantage of a partnership? a. potential conflicts among partners c. access to fewer resources than a sole proprietorship b. limited liability d. specialization
Answers (1)
Oligopolies are difficult to analyze because A. how firms respond to a price change by a rival is uncertain. B. the firms are so large. C. oligopolies are a recent development so economists have not had time to develop models. D.
Answers (1)
Why should investors know the difference between nominal and real interest rates? A. to know what they are likely to lose B. to understand changes in monetary policy C. to guarantee an investment's profitability D.
Answers (1)
New Questions in Business
1. A company issues new stock with a fair value of $120,000 to acquire 85% of the stock of another company. The fair value of the noncontrolling interest at the date of acquisition is $19,000, and the book value of the acquired company is $15,000.
Answers (1)
Which of the following types of professionals is most likely to hold a focus group Public relations specialists advertising sales agent editors market research ana
Answers (1)
Is a system for gathering information from respondents by continuously monitoring the advertising, promotion, and pricing they are exposed to and the things they buy?
Answers (1)
Which of the following producers is a producer of services? A. Raul fixes cars. B. Taylor sells car parts. C. Jared runs a toy store. D. Tina is a chef in a restaurant.
Answers (1)
Disruptive innovations are more likely to come from large companies with extensive resources. a. True b. False
Answers (1)