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Peter's new employer offers a 401(k) plan that has a 75% match up to 4%. They would like to save $5,000/yr of their $42,000 salary

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"Peter's new employer offers a 401(k) plan that has a 75% match up to 4%. They would like to save $5,000/yr of their $42,000 salary for retirement. Assuming there are no contribution limits for IRAs, how many dollars should they contribute to their 401(k) each year?" Question 4 4 pts "Graham just landed a big promotion at work. This promotion increased their salary to $67,000 per year. If their 401(k) plan offers a 75% match up to 5%, how much of their annual $3,000/yr savings should they contribute to their Roth IRA each year

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