Series 7 - General Securities Representative Exam

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What is the maximum contribution amount for an investor under 50 years old in a 401(k) in 2020?

$19,500
A
$21,000
B
$15,000
C
$17,500
D

Explanations

The max for 2020 is $19,500 and is up from $19,000 in 2019

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