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    Taxation of Individuals
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    Exam 13: Retirement Savings and Deferred Compensation
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    Darren Is Eligible to Contribute to a Traditional 401(k) in 2014
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Darren Is Eligible to Contribute to a Traditional 401(k) in 2014

Question 44

Question 44

True/False

Darren is eligible to contribute to a traditional 401(k) in 2014. He forgot to contribute before year end. If he contributes before April 15, 2015, he is allowed to treat the contribution as though he made it during 2014.

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