If a person in the 32 percent tax bracket makes a deposit of $6,000 to a taxdeferred

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If a person in the 32 percent tax bracket makes a deposit of $6,000 to a taxdeferred retirement account, what amount would be saved on current taxes?

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Personal Finance

ISBN: 9781264101597

14th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

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Question Posted: Nov 10, 2023 10:02 PM

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If a person in a 32 percent tax bracket makes a deposit of $5,000 to a tax-deferred retirement account, what amount would be saved on current taxes?
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If a person in the 32 percent tax bracket makes a deposit of $6,000 to a taxdeferred

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