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Jack is 52 years old, works for XY University, and is a participant at XYs 403(b) retirement plan. How much of his income could he

Jack is 52 years old, works for XY University, and is a participant at XYs 403(b) retirement plan. How much of his income could he defer in the plan in 2019 if his salary was $121,000?

  1. $13,000
  2. $16,000
  3. $19,000
  4. $25,000

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