Question: Judy believes that another benefit of investing the extra

Judy believes that another benefit of investing the extra $ 3,648 in her employer sponsored retirement plan is the tax savings. Judy is in a 25% marginal tax bracket. How much will investing in this manner save her in taxes annually? Assuming she remains in a 25% marginal tax bracket until she retires, how much will it save her in total over the next 15 years, ignoring the time value of the tax savings?

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  • CreatedOctober 13, 2015
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