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Which of the following is a special tax treatment allowed to those who contribute to a 401(k) or 403(b) plan? There are no limits on

Which of the following is a special tax treatment allowed to those who contribute to a 401(k) or 403(b) plan?

There are no limits on annual pre-tax contributions to 401(k) or 403(b) plans.

Qualified earnings are tax-exempt.

Pre-tax contributions reduce adjusted gross income.

Pre-tax contributions are deferred for social security and medicare taxes.

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