2 Answered Questions for the topic Retirement Saving Plan

Retirement Saving Plan

03/19/16

Retirement saving problem.
1.    How old are you now? At what age do you hope to retire? These questions are really about answering: How many years do you have until you retire? I’m 35 years old, and would like to retire at... more
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Expert Answers •2
Retirement Saving Plan

10/27/14

An employer will make a matching contribution equal to 50% of the elective deferrals up to 4% of annual compensation.
The employee works 40 hours a week at $10.00 an hour.  The employee elects to contribute 14% of his compensation to his 401(k) retirement account.  How much will the employer contribute every two... more
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Expert Answers •1

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