Parker, age 51, earns $300,000 annually from Infinity, which sponsors a SIMPLE, and matches all employee deferrals 100% up to a 3% contribution. What is the maximum
total contribution to Parker’s account in 2019, including both employee and employer contributions?
$21,400
$22,000
$24,400
$25,000
Harper, age 45, earns $300,000 annually from Atlas, which sponsors a SIMPLE, and the required non-elective contribution to all eligible employees. What is the maximum
total contribution to Harper’s account in 2019, including both employee and employer contributions?
$16,000
$18,600
$19,000
$22,000
Jacques, who is 52 years old, works for NYU and is a participant in NYU’s tax-sheltered annuity (TSA) program. How much could he defer in the TSA in 2019 if he has a
salary of $121,000?
Dr. Durr has worked as a professor at Top-Notch University for the last 30 years. He has never deferred any money into his 457(b) plan. He has maxed out his 403(b)
plan. He will attain his normal retirement age under the 457(b) plan in 2019. How much can David contribute to his 457(b) plan for 2019?
$0
$19,000
$25,000
$38,000