Question: chapter 10 question 10 please give an explain...
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?
- 401(k) plan and profit sharing plan.
- Governmental 457(b) plan and a 403(b) plan.
- Profit sharing plan and SEP.
- 401(k) plan and a 403(b) plan.