Question: ?During 2 0 2 3 , ?Jill, age 3 9 , ?participated in a 4 0 1 k ?plan which provides for maximum employee contributions

?During 2023, ?Jill, age 39, ?participated in a 401k ?plan which

?During 2023, ?Jill, age 39, ?participated in a 401k ?plan which provides for maximum employee contributions of 15 ?percent. Jill's salary was $80,000 ?for the year. Jill elects to make the maximum contribution.
What is Jill's maximum tax-deferred contribution to the plan for the year?
provides for maximum employee contributions of 15 ?percent. Jill's salary was $80,000

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