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During 2016, Jill, age 39, participated in a Section 401(k) plan which provides for maximum employee contributions of 12%.Jill's salary was $90,000 for the year.
During 2016, Jill, age 39, participated in a Section 401(k) plan which provides for maximum employee contributions of 12%.Jill's salary was $90,000 for the year. Jill elects to make the maximum contribution.What is Jill's maximum tax-deferred contribution to the plan for the year ?
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Auditing And Assurance Services
Authors: By David N. Ricchiute
6th Edition
0324024029, 9780324024029
