Question
When determining the tax savings from a contribution to a Traditional 401(k), the tax savings, in the year of the contribution, would equal... A. The
When determining the tax savings from a contribution to a Traditional 401(k), the tax savings, in the year of the contribution, would equal...
| A. | The marginal tax rate multiplied by the amount of the contribution. | |
| B. | The amount of the contribution. | |
| C. | There would be no tax saving. | |
| D. | The average tax rate multiplied by the amount of the contribution. |
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The Handbook Of Financing Growth
Authors: Kenneth H. Marks, Larry E. Robbins, Gonzalo Fernandez, John P. Funkhouser, D. L. Williams
2nd Edition
0470390158, 978-0470390153
