Answer:
In a money purchase pension plan, both the company and the employee make contributions. Since the contributions are split evenly, you can find the individual contribution by dividing the maximum annual contribution by 2.
This year's maximum annual contribution is $27,830, so the individual contribution would be:
\[ \text{Individual Contribution} = \frac{\text{Maximum Annual Contribution}}{2} \]
\[ \text{Individual Contribution} = \frac{27,830}{2} \]
Now, calculate the individual contribution:
\[ \text{Individual Contribution} = 13,915 \]
Therefore, March could contribute $13,915 to the money purchase pension plan this year.