Question

Your company sponsors a 401(k) plan into which you deposit percent of your $120,000 annual income. Your company matches 75 percent of the first 10 percent of your earnings. You expect the fund to yield 12 percent next year. Assume you are currently in the 31 percent tax bracket. What is your one-year return?

Answer 1

Explanation:

2 2.5 crores lacs what percentage in the basket in the one year returns