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An advantage of investing in a 401(k) plan is which of the follwing below? Ability to invest up to 25% of your annual income. Opportunity

An advantage of investing in a 401(k) plan is which of the follwing below?

  • Ability to invest up to 25% of your annual income.
  • Opportunity to save $25,000 per year.
  • Possibility of receiving an employer match on your contributions.
  • Ability to pay taxes on distributions.
  • Ability to withdraw contributions before age 55 without penalty.

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