For 2011, what is the maximum annual combined amount the employer and employee can contribute to a 403(b) plan for an employee?

A) $35,000

B) $49,000

C) $55,000

D) $60,000

A) $35,000

Incorrect. Try again!

B) $49,000

Correct.

The maximum combined amount both the employer and the employee can contribute annually to the plan is generally the lesser of:

Employees meeting certain requirements and plan participants may be eligible to make additional contributions.

C) $55,000

Incorrect. Try again!

D) $65,000

Incorrect. Try again!