For 20 years through age 66, you contribute $3,000 to your 401(k) plan and earn 6-percent annually.
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For 20 years through age 66, you contribute $3,000 to your 401(k) plan and earn 6-percent annually. If you are in the 20 percent income tax bracket, what will be your annual tax obligation when you withdraw the funds for the next 15 years if your funds continue to earn 6 percent?
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