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Posted on May 13, 2024

Joy, a 5 5 - year - old taxpayer, receives $ 2 2 , 5 0 0 in wages. She has no other income. The

Joy, a

55 -

year

-

old taxpayer, receives $

22, 500

in wages. She has no other income. The maximum contribution she may make to her

401 (

)

plan in

2023

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