Question: Sam contributed $ 5 , 0 0 0 a year to his retirement plan from his before - tax earnings ( the contribution was not

Sam contributed $5,000 a year to his retirement plan from his before-tax earnings (the contribution was not included in his taxable wages). His employer contributed $5,000 a year to his retirement fund. After 30 years of contributions, he retires and receives a distribution of $600,000, the balance in his retirement fund. He must include what amount in gross income?
Sam contributed $ 5 , 0 0 0 a year to his

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