Question: during 2016, jill, age 39, participated in a section 401 (k) plan which provides for maximum employee contributions of 6%. Jill's salary was $107, 200
during 2016, jill, age 39, participated in a section 401 (k) plan which provides for maximum employee contributions of 6%. Jill's salary was $107, 200 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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