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Minnie works for a company with a 4 0 1 ( k ) plan. She currently earns $ 1 0 0 , 0 0 0

Minnie works for a company with a 401(k) plan. She currently earns $100,000 in gross salary and contributes 10% of her gross salary into helif 401(k) account. If her marginal tax rate is 22%, how much income tax liability is she saving by participating in her 401(k)?
$1,100
$22,000
$2,200
$10,000
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