Taylor just landed a big promotion at work. This promotion increased their salary to $61,000 per year.

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Taylor just landed a big promotion at work. This promotion increased their salary to $61,000 per year. If their 401(k) plan offers a 25% match up to 6%.

How much of their annual $7,000/yr savings should they contribute to their Roth IRA each year?

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Data Analysis and Decision Making

ISBN: 978-0538476126

4th edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

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Posted Date: Jul 13, 2023 03:36 AM

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Taylor just landed a big promotion at work. This promotion increased their salary to $61,000 per year.

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To determine how much of their annual savings Taylor should contribute to their Roth IRA we first ne... View the full answer

Data Analysis and Decision Making

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