Christine, age 23, is an employee of Higgins Hardware Distributors whose annual salary is $35,000. Higgins provides employees with free group-term life insurance at twice their annual gross salary, free health and accident insurance, a qualified pension plan, and a flexible benefits plan. Christine's health and accident insurance cost Higgins $1,920. The cost of her group-term life insurance coverage is $520. Higgins pension plan allows employees to contribute up to 6% of their annual salary, which Higgins matches. Christine elects to have the maximum pension plan contribution made into the plan and has $400 of her salary paid into the flexible benefits plan. She submits medical insurance claims totaling $900 to the health insurance policy and is reimbursed $550. She receives the remaining $350 of medical insurance claims from the flexible benefits plan. How much gross income does Christine have from her employment with Higgins?

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The Answer of Christine, age 23, is an employee of Higgins Hardware Distributors whose annual salary is $35,000. Higgins provides employees with free group-term life insurance at twice their annual gross salary, free health and accident insurance, a qualified pension plan, and a flexible benefits plan. Christine's health and accident insurance cost Higgins $1,920. The cost of her group-term life insurance coverage is $520. Higgins pension plan allows employees to contribute up to 6% of their annual salary, which Higgins matches. Christine elects to have the maximum pension plan contribution made into the plan and has $400 of her salary paid into the flexible benefits plan. She submits medical insurance claims totaling $900 to the health insurance policy and is reimbursed $550. She receives the remaining $350 of medical insurance claims from the flexible benefits plan. How much gross income does Christine have from her employment with Higgins?

Christine, Age 23, Is an Employee of Higgins Hardware Distributors