Accounting Discussion Paper Homework help

Stan Burgermeister, 56 years old, works as a short-order cook in a local diner. Stan has an annual salary of $32,000. Stan’s employer recently set up a 401(k) plan. He may defer up to 15% of his gross salary each year, and his employer will make matching contributions up to 6% per year. This year, Stan agreed to the full 15% salary reduction