Sarah just started a new job. Her employer has a 401k match of 75% up to 6% of her gross salary. Sara's gross income is $55,000. She contributes $2,500 of her gross income to the 401k every year. How much more money will she have in her 401(k) if she contributes up to the max amount her employer will match this year? 

$2,250 

$1,400 

$1,250 

$700

Answer rating: 100% (QA)

First lets find out the maximum amount of Sarahs gross income that her employer is willing to match ... View the full answer