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If an individual earning $50,000 per year has an opportunity to participate in an employer sponsored 401(k) tax sheltered retirement account with the employer matching
If an individual earning $50,000 per year has an opportunity to participate in an employer sponsored 401(k) tax sheltered retirement account with the employer matching the first $1,200 of annual contribution of the employee, how much will the employee have in the 401(k) account in 20 years if 10% per year is earned on the account? How much in 30 years?
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