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. David Dulaney, a taxpayer aged 5 5 , intends to make contributions to his 4 0 1 ( k ) for the year 2

. David Dulaney, a taxpayer aged 55, intends to make contributions to his 401(k) for the year 2023. What is the highest permissible contribution amount for him?
A) $30,000
B) $22,500
C) $20,500
D) $27,000

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