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Business, 18.05.2021 18:40 kimbllumi

Samantha Montgomery (age 42) is employed by Canon Company and is paid an annual salary of $62,430. She has just decided to join the company's Simple Retirement Account (IRA form) and has a few questions. Answer the following for Montgomery: Round your answer to the nearest cent. As we go to press, the federal income tax rates for 2021 are being determined by budget talks in Washington and not available for publication. For this edition, the 2020 federal income tax tables for Manual Systems with Forms W-4 from 2020 or later with Standard Withholding and 2020 FICA rates have been used. a. What is the maximum that she can contribute into this retirement fund

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Samantha Montgomery (age 42) is employed by Canon Company and is paid an annual salary of $62,430. S...
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