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  • 04-12-2019
  • Business
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Maxine, age 35, earns $200,000 annually from ABC Incorporated. ABC sponsors a SIMPLE, and matches all employee deferrals 100% up to a 3% contribution. What is the maximum employee deferral contribution to Maxine’s SIMPLE account for this year?

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sakhilemdletshesm
sakhilemdletshesm sakhilemdletshesm
  • 04-12-2019

Answer:

$12,500.

Explanation:

Please see attachment.

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