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Assume your gross pay per pay period is $ 6 , 4 0 0 . 0 0 , and you are in the 3 3

Assume your gross pay per pay period is $6,400.00, and you are in the 33 percent tax bracket. Calculate your Taxable pay and spendable income if you save $640.00 per pay period in a tax-sheltered annuity.

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