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18. Jennifer age 54, earns $125,000 annually from ABC Incorporated, ABC sponsors a SIMPLE and matches all employee deferrals 100% up to a 3% contribution.

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18. Jennifer age 54, earns $125,000 annually from ABC Incorporated, ABC sponsors a SIMPLE and matches all employee deferrals 100% up to a 3% contribution. Assuming Jennifer defers the maximum to her SIMPLE, what is the total contribution to the account in 2008 including both employee and employer Contributions

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