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  3. Study Set
    Taxation of Individuals
  4. Exam
    Exam 13: Retirement Savings and Deferred Compensation
  5. Question
    Employees Who Are at Least 50 Yearsof Age at the End
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Employees Who Are at Least 50 Yearsof Age at the End

Question 13

Question 13

True/False

Employees who are at least 50 yearsof age at the end of the year are allowed to contribute more to their 401(k)accounts than employees who are not 50 years old by year-end.

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