Answer:
For 2019, the maximum amount that any individual can elect for salary deferral treatment on a 401k distribution is the lesser between: 100% of their salary or $19,000.
in this case, Amber earns much more than $19,000, so the lesser amount would be $19,000.
If Amber contributes more than $19,000 to her 401k account, then she would have to pay taxes for the extra amount contributed.
Answer:
5.95%.
Explanation:
Expected dividend (D1) $1.25
Stock price $27.50
Required return 10.5%
Dividend yield 4.55%
Growth rate = rS - D1/P0 = 5.95%.
The informal sector (also known as informal or "grey" <em>economy</em>) is not taxed or monitored by the government and is made up of people who are self employed. The informal sector can be large or small depending on the country, and is hard to measure. The contributions of the informal sector are not calculated into a country's GDP.
Answer:
The federal funds rate is the rate at which banks borrow money overnight. When the Fed wants to stimulate the economy, it will lower the short-term funds borrowing rate. In response, banks typically lower the interest rates they charge to consumers for a variety of loans.
