401k Trivia & Quizzes - Test Your Knowledge
a) Professional Fees
b) Tips & Gratuities
c) Office Employment Income
d) Dividends earned
a) You quit your current employer and want to rollover into an Individual
Retirement Account (IRA)
You can borrow upto ___% of your entire retirement savings from a 401k plan in the form of a loan:
The highest tax credit that you can get on 401k contributions is:
Which of the following is the correct choice regarding pre-tax and after-tax 401k contributions:
a) Pre-tax contributions are made AFTER taxes while after-tax contributions are made BEFORE taxes have been paid.
b) Pre-tax contributions are made BEFORE taxes while after-tax contributions are made AFTER taxes have been paid.
c) Both have no effect on gross taxable income
d) None of the above