Question

gabe has an employer sponsored 401(k) plan that he contributes to and his employer matches 25% of his 401(k) contributions Gabe salary is $30,000 and last year he contributed 401K plan what was the total amount that he contributed to his 401(k) last year?

Answer 1

5000 is correct

Explanation:

Answer 2

$5000

Explanation:

25% of 4,000 is 1,000.

4,000 + 1,000 = 5,000