FIN 360 Grantham University Different Types of SIMPLE Plans & Characteristics Essay


I’m arduous to acquire for my Management dispose and I’m store. Can you succor?

Complete the forthcoming questions ifrom paint steadfast and on this extract

  • Set of questions from paint steadfast Answer: Questions 1-17

Set of questions # 2 are as follow

Answer each of the forthcoming questions and supply your sensible for your rare for each one. You procure not admit ample trustworthiness intrinsic you supply your interpretation.

  • Parker, age 51, earns $300,000 every-year from Infinity, which sponsors a SIMPLE, and matches all employee procrastinaterals 100% up to a 3% offering. What is the culmination aggregate offering to Parker’s wholeity in 2019, including twain employee and mistress offerings?
    • $21,400
    • $22,000
    • $24,400
    • $25,000
  • Harper, age 45, earns $300,000 every-year from Atlas, which sponsors a SIMPLE, and the required non-elective offering to all worthy employees. What is the culmination aggregate offering to Harper’s wholeity in 2019, including twain employee and mistress offerings?
    • $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 abundantly could he procrastinate in the TSA in 2019 if he has a salary of $121,000?
  • Dr. Durr has worked as a zealot at Top-Notch University for the decisive 30 years. He has never procrastinatered any coin into his 457(b) artifice. He has maxed out his 403(b) artifice. He procure get his usual departure age subordinate the 457(b) artifice in 2019. How abundantly can David supply to his 457(b) artifice for 2019?
    • $0
    • $19,000
    • $25,000
    • $38,000