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Exam (elaborations)
RPF Module 5: Pre test Questions and Answers Fully Solved 100%
Melvin's date of birth is December 1, 1975. His compensation in 2018 is $17,000. His 
plan allows for the maximum deferral amount and permits catch-up contributions. What 
is the maximum Melvin may defer in 2018? 
A. $17,000 
B. $18,000 
C. $24,000 
D. $52,000 - ️️A. $17,000 
Susan is age 43 and is employed as a full-time graphic designer for a newspaper. Her 
date of hire was June 15, 2017. She began deferring elective contributions immediately 
and has continued deferring each year into...