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Aiko (Single, Age 29)earned $40,000 in 2020

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Essay

Aiko (single, age 29)earned $40,000 in 2020. He was able to contribute $1,800 ($150/month)to his employer-sponsored 401(k). What is the total saver's credit that Aiko can claim for 2020? Exhibit 13-8


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Young individuals who are citizens or residents of the United States, encompassing a diverse background of cultural, social, and economic backgrounds.

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