Henry, who is 48 years old, works for ABC Inc., with a salar…
Henry, who is 48 years old, works for ABC Inc., with a salary of $360,000. ABC sponsors a 401(k) / profit-sharing plan and contributes 18% of employees salary to the profit-sharing plan. There is no additional match. If the ADP of the NHCEs is 3%, what is the maximum that Henry can defer this year (2026)?
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