Harriet is an employee of Castiron Inc.and earns $200,000 in 2016.The maximum amount Castiron can contribute to a money purchase plan on behalf of Harriet is
A)$40,000
B)$45,000
C)$46,000
D)$49,000
E)$50,000

Question

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The Answer of Harriet is an employee of Castiron Inc.and earns $200,000 in 2016.The maximum amount Castiron can contribute to a money purchase plan on behalf of Harriet is
A)$40,000
B)$45,000
C)$46,000
D)$49,000
E)$50,000

Harriet Is an Employee of Castiron Inc