easy · Certified Financial Planner Retirement
The Pfeiffer family, led by 44-year-old Sarah Pfeiffer, intends to maximize her elective deferral to her employer's 401(k) plan for the 2026 calendar year. Sarah's compensation is $185,000.
What is the maximum Sarah can contribute as an elective deferral?
- $32,500
- $23,000
- $24,500
- $72,000
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