Business
Business, 13.04.2020 03:54, sheram2010

Joe's annual salary is $40,000. His company will match his funds 1 to 1 up to 5% of his salary.
What is Joe's total annual investment including the match if he want to get to 15% of his salary? How much will Joes company put in his 401(k) assuming joe is willing to participate in the match?
how much will he contribute to a Roth IRA?

answer
Answers: 1

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Joe's annual salary is $40,000. His company will match his funds 1 to 1 up to 5% of his salary.

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