mycaglebabies mycaglebabies 05-03-2020 Mathematics contestada Wayne is 37 years old and has his retirement savings in a401(k). If he makes $110,000 annually, what is the maximumpercentage of his income that he can contribute to his 401(k)plan per year?A. 12%B. 30%C. 15%D. 16.5%ANSWER: C. 15%