199k views
3 votes
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.

User Mike Gray
by
5.3k points

1 Answer

3 votes

Answer:

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

so you total would be $5,750

Explanation:

User Tom Grant
by
5.1k points
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