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For the data below, determine the maximum amount of 401K contribution for that year. No catch-up included. The employee would be 45. Please enter

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For the data below, determine the maximum amount of 401K contribution for that year. No catch-up included. The employee would be 45. Please enter your answers in the highlighted boxes below. DATA Problems Yearly Salary Maximum 401k Contributions 5 6 7 $ 78,000.00 $279,000.00 $310,000.00 $18,000.00

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