Ask Question
Social StudiesSocial Studies
30 November, 19:21

What is the yearly contribution limit to a 401 (k) for an individual?

+5
Answers (1)
  1. 30 November, 20:44
    0
    The correct answer is $18000.

    Employees may contribute a maximum of $18,000 to their 401 (k) plans with a higher total contribution limit of $54000. $54000 is the d efined contribution maximum limit which includes the contribution of both the employee and employer.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is the yearly contribution limit to a 401 (k) for an individual? ...” in 📙 Social Studies 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
A negotiated agreement in a criminal case in which a defendant agrees to tell the court that he or she is guilty in return for the state's agreement to reduce the severity of the criminal charge or prison sentence the defendant is facing is known as
Answers (1)
According to the Classical School of Criminology, the two key determining factors of human behavior are right and wrong. (A) True (B) False
Answers (1)
Differing interpretations of the Bible by Christians in Europe eventually led to
Answers (1)
How did industrialization effect the country's relationship with other nations?
Answers (1)
This is for my little brother. If a parent is from India but the kid is from United States, what is the kid's state of origin?
Answers (2)
New Questions in Social Studies
Which sentence uses the denotative meaning of the word bright? I love how bright and creative children are. She is especially bright in math and science. The bright light blinded me for a moment. My brother came up with a really bright idea.
Answers (2)
What is the role of adverting of equality in democracy
Answers (1)
You're the boss, so I know it is ultimately your decision who gets raises and who doesn't. But on my own behalf, I must say that I definitely deserve a raise this year.
Answers (1)
Dr. James advises that if you study for your next psychology exam in the same room where you take the exam, your score will improve. He is basing this advice on A) state-dependent learning. B) recognition specificity. C) context-dependent learning.
Answers (1)
Which of the following gives employees a voice in how safety is handled in the workplace?
Answers (1)
Home » Social Studies » What is the yearly contribution limit to a 401 (k) for an individual?
Sign Up Forgot Password?