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

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For 2026, what is the elective deferral limit under IRC Section 402(g) for employee salary deferrals into a 401(k) plan (excluding catch-up contributions)?

$$23,000 $$23,500 $$72,000 $$24,500

Correct Answer:

$$24,500

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