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Question: chapter 10 question 10 please give an explain...

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Chapter 10 - Question 10 :

Please give an explain on these items. Thank you

If an employee earning $60,000 had access to multiple plans, which combination would allow for the largest contribution, including both employer and employee contributions?

  1.            401(k) plan and profit sharing plan.
  2.            Governmental 457(b) plan and a 403(b) plan.
  3.            Profit sharing plan and SEP.
  4.            401(k) plan and a 403(b) plan.
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