HS 326 Practice Questions - HS 326 Planning For Retirement Needs (ChFC) Exam

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A 55-year-old participant wants to maximize 2026 elective deferrals to her employer's 401(k) plan. Including the standard age-50 catch-up, what is her maximum elective deferral for 2026?

$$24,500 $$32,500 $$30,000 $$35,750

Correct Answer:

$$32,500

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