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A 2022 plan imposes a limitation on the amount an employee can contribute to the plan (from the employee's wages). Employees can only contribute $10,000/year

A 2022 plan imposes a limitation on the amount an employee can contribute to the plan (from the employee's wages). Employees can only contribute $10,000/year to the plan. This rule is applied to all employees regardless of their status or age. Which statement is most accurate regarding the employer's limitation

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