# economics

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what is a 401k

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1. ### math

Sally Rogers, an employee of Advanced Ideas, Inc. has a gross salary of \$45,000 per year. Her company will match employee 401K contributions up to 5% of the gross salary. Due to personal financial constraints, Sally is only able to …
2. ### mATH part 1

Sally Rogers, an employee of Advanced Ideas, Inc. has a gross salary of \$45,000 per year. Her company will match employee 401K contributions up to 5% of the gross salary. Due to personal financial constraints, Sally is only able to …
3. ### Math Part 2

a.Execute the research necessary to understand the basic structure of a 401K plan. Write a brief summary of your findings. b.How much did Advanced Ideas, Inc. put into Sally’s 401K in her first two years?
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Supppose you work for a company that has a 401k plan. Your first-year annual salary is \$28,200 and you are contributing 10% of your monthly paycheck onto your 401k. Write a rule for the amount of money contributed to the plan after …
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What does it mean by 401k Investment Vehicles?
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Now that you have a full time job you are ready to start investing for retirement. Your corporation will match 50 cents of each dollar that you put in your 401K account up to the first \$7,000. You have altogether \$15,000 that you can …
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8.0235% of the employees of the Acme Tire store are enrolled in a 401k at the store. If the company has 600 employees, what is the probability that less than 40 employees are entered in the 401k.
9. ### Stats

8.0235% of the employees of the Acme Tire store are enrolled in a 401k at the store. If the company has 600 employees, what is the probability that less than 40 employees are entered in the 401k.
10. ### Math

Sal and Cal both work for the same company making ​\$55,000 each in annual salary. Sal deposits 5​% of her salary to her 401k plan and the company matches 25 cents for each dollar contributed to the 401k up to the 5​%. Cal deposits …

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