1. What is the maximum contribution to a 401(k) for an individual who makes $65,000 each year?
2. Are pension plans taxed? Are there any tax benefits to pensions?
3. A stock currently trades at $54.00 per share. It is expected to pay a dividend of $1.35 per share next year. What price must it sell for next year for the investor to get a 14.00% return?