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Mortimer Klein earned gross pay of $1,410. Each period he makes a 401(k) contribution of 4.5% of gross pay. His current year taxable earnings for
Mortimer Klein earned gross pay of $1,410. Each period he makes a 401(k) contribution of 4.5% of gross pay. His current year taxable earnings for Social Security tax, to date are $176,400.
Total Social Security Tax=
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