Question

Bianca's employer matches 25% of her 401(k) contributions up to $1000. Bianca's salary is $50,000, and last year she contributed $6000 to her 401(k) plan. What was her employer's contribution to the 401(k).


A. $7500
B. $6000
C. $1500
D. $1000

Answer 1

@uri

Answer 2

@timo86m

Answer 3

@superhelp101

Answer 4

@lexikaylynn

Answer 5

i have no idea :/ sorry i couldn't help

Answer 6

The answer is D.

Bianca's employer matches 25% of her 401(k) contributions up to $1000

She contributed 6000 so 6000 x .25 = 1500 but the employer will only go up to a 1000 so the answer is D