13. Caleb's annual salary is $45,000 per year. His employer matches 75% of his 401k contributions up to 10% of his annual salary. Caleb contributes $250 from each biweekly paycheck to his 401k account. What is the combined total of his annual contribution and his employer's contribution?
13. Caleb's annual salary is $45,000 per year. His employer matches 75% of his 401k contributions up to 10% of his annual salary. Caleb contributes $250 from each biweekly paycheck to his 401k account. What is the combined total of his annual contribution and his employer's contribution?
Chapter5: Deductions For And From Agi
Section: Chapter Questions
Problem 12P
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