Employee Benefits Exam 2
– Study Guide, Key
Concepts, and Practice
Questions
1 of 12 Guidehttps://www.stuvia.com/dashboard!@_)#*)(@$)($@*($@)($@*_ 1 Employee Benefits Exam 2 – Study Guide, Key Concepts, and Practice Questions (1).pdf
, Exam 2 study gudie employee benefits Page 2 2026-04-01
Jared, age 54, earns $300,000 per year and is a 1
participant in his employer's 401(k) plan. Ignoring
the ADP test requirements, what is the maximum
amount that Jared can defer under the 401(k) plan in
2024?
Which of the following clauses in a 401(k) plan can 2
assist the plan in meeting the requirements of the
ADP test?
Tonya, age 52, is a highly compensated employee 3
who earns $375,000 per year and is a participant in
her employer's 401(k). Her employer also made a
20% profit-sharing plan contribution during the year.
Ignoring the ADP test requirements, what is the
maximum amount that Tonya can defer under the
401(k) during 2024?
2 of 12 2 Exam 2 study gudie employee benefits.pdf