Question: When determining the tax savings from a contribution to a Traditional 401(k), the tax savings, in the year of the contribution, would equal... A. The

When determining the tax savings from a contribution to a Traditional 401(k), the tax savings, in the year of the contribution, would equal...

A.

The marginal tax rate multiplied by the amount of the contribution.
B.

The amount of the contribution.
C.

There would be no tax saving.
D.

The average tax rate multiplied by the amount of the contribution.

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