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Bradley, a 56-year-old taxpayer, earned $40,000 in wages. What is the maximum contribution he could make to his 401(k) plan in 2021? $7,000 $19,500 $26,000
Bradley, a 56-year-old taxpayer, earned $40,000 in wages. What is the maximum contribution he could make to his 401(k) plan in 2021?
$7,000
$19,500
$26,000
$58,000
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