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Jose Is an Employee of O'Hara Industry and Earns $100,000

Question 45

Multiple Choice

Jose is an employee of O'Hara Industry and earns $100,000 in 2012.The maximum amount O'Hara can contribute to a money purchase plan on behalf of Jose is


A) $15,000
B) $20,000
C) $25,000
D) $35,000
E) $40,000

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