Tina contributes $500 per month to her retirement account before withholding taxes are taken out of her pay. If her tax bracket is 25% of her annual income, how much is she shaving in taxes each year?
A) $1,500
B) $125
C) $4,500
D) $6,000
E) $375
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Home » Mathematics » Tina contributes $500 per month to her retirement account before withholding taxes are taken out of her pay. If her tax bracket is 25% of her annual income, how much is she shaving in taxes each year? A) $1,500 B) $125 C) $4,500 D) $6,000 E) $375