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Lisa, a 42-year-old taxpayer, earned $20,000 in wages. What is the maximum contribution she can...

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Accounting

Lisa, a 42-year-old taxpayer, earned $20,000 in wages. What is the maximum contribution she can make to her 401(k) plan in 2019?

A. $6,000

B. $19,000

C. $20,000

D. $25,000

Answer & Explanation Solved by verified expert
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