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10 October, 16:56

Mickey is 40 years old and has his retirement savings in a 401 (k). If he makes $55,000 annually, what is the maximum percentage of his income that he can contribute to his 401 (k) plan per year? (The current maximum contribution limit is $16,500.)

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  1. 10 October, 17:01
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    The answer will be 30%
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