Solved

Caleb's Annual Salary Is $45,000 Per Year

Question 40

Essay

Caleb's annual salary is $45,000 per year.His employer matches 75% of his 401k contributions up to 10% of his annual salary.Caleb contributes $250 from each biweekly paycheck to his 401k account.What is the combined total of his annual contribution and his employer's contribution?

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents