Cameron, is 41 years old, and was a participant in his employer-sponsored 401(k) plan during the early part of the year, prior to his employer restructuring and letting him go. He deferred a total of $10,000 into that plan. Later in the year, Cameron becomes a participant in his new employer's 403(b) plan and the employer's public 457(b) plan. Cameron can defer a maximum of $23,000 (2024) to each of the 403(b) plan and the 457(b) plan this year.
Question 13 options:
TrueFalse