hard · Certified Financial Planner Professional Conduct
The Nguyen household includes Minh, age 62, who works for a large technology firm. In 2026, he wishes to maximize his 401(k) elective deferrals. He has already contributed $10,000 to the plan earlier this year.
According to the 2026 current IRS figures, what is the maximum additional amount Minh can defer to his 401(k) for the remainder of the year?
- $25,750
- $14,500
- $62,000
- $22,500
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