9 the following information acolles to the questions displayed below] Matthew (48 at year-end develops culting-edge tech

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9 The Following Information Acolles To The Questions Displayed Below Matthew 48 At Year End Develops Culting Edge Tech 1 (41.91 KiB) Viewed 32 times

9 the following information acolles to the questions displayed below] Matthew (48 at year-end develops culting-edge technology for SV Incorporated, located in Silicon Valley in 2024 Matthew participates in SV s money purchase pension plan la defined contribution plan andinnis company' = 4016) plan Under the money purchase pension plan SV contributes 15 percent of an employee's salary to a retirement account for the employee up to the amount limited by the tax code Because it provides the money purchase pension pian, SV does not contribute to the employee's 401k plan Matthew would like to maximize his contribution to his 401K) account alter SV 5 contribution to the money purchase plan (Leave no answer blank. Enter zero if applicable.) Part 1 of 4 1.66 points bo Ferenc Assuming Matthew's annual salary is $400,000, 6-1. What amount will SV contebute to Matthews money purchase plan? 0-2. What can Matthew contribute to his 401K) account in 2021 Complete this question by entering your answers in the tabs below. Recial Reg 2 What amount w Sy contribute to Matthew's money purchase plan?