Your employer offers a 401(k) plan in which they will match 100% of your contributions, up to 5% of your salary. Suppose you make $35,000 in a given year, and you contribute $4,000.

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Chris March asked Oct 15, 2022

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Your employer offers a 401(k) plan in which they will match 100% of

your contributions, up to 5% of your salary. Suppose you make
$35,000 in a given year, and you contribute $4,000.

Mathematics
high-school

Chris March asked Oct 15, 2022

by Chris March

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16 votes

Answer:

they will match 5% of 35,000 = $1750

so you total would be $5,750

Explanation:

StrikeForceZero answered Oct 20, 2022

by StrikeForceZero

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