Question: During 2016, Jill, age 39, participated in a Section 401(k) plan which provides for maximum employee contributions of 12 percent. Jill's salary was $90,000 for

During 2016, Jill, age 39, participated in a Section 401(k) plan which provides for maximum employee contributions of 12 percent. Jill's salary was $90,000 for the year. Jill elects to make the maximum contribution. What is Jill's maximum tax-deferred contribution to the plan for the year?

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