Gillian's new employer offers a 401(k) plan that has a 100% match up to 5%.They would like

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Gillian's new employer offers a 401(k) plan that has a 100% match up to 5%.They would like to save $5,000/yr of their $49,000 salary for retirement. Assuming there are no contribution limits for IRAs.

How many dollars should they contribute to their 401(k) each year?

Related Book For answer-question

Income Tax Fundamentals 2015

ISBN: 9781305177772

33rd Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill

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Posted Date: Jul 05, 2023 01:44 AM

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Gillian's new employer offers a 401(k) plan that has a 100% match up to 5%.They would like

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Income Tax Fundamentals 2015

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