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Marissa participates in her employer's nonqualified deferred compensation plan. For 2 0 2 3 , she is deferring 1 0 percent of her $ 3
Marissa participates in her employer's nonqualified deferred compensation plan. For she is deferring percent of her $ annual salary.
Assuming this is her only source of income and her marginal income tax rate is percent, how much tax does Marissa save in by deferring this income ignore payroll taxes
Taxes saved
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