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In the Case of a 401(k) Plan, Employees Age 50

question 87

True/False

In the case of a 401(k) plan, employees age 50 or over can shelter an extra $10,000 of their wages from federal income tax.

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Definitions:

Intimacy

A close, familiar, and usually affectionate or loving personal relationship with another person or group.

Nonverbal Behavior

Communication without words, which can include gestures, facial expressions, body language, tone of voice, and other physical cues.

Unconscious

The part of the mind that contains thoughts, memories, and desires not within the current awareness of the individual.

Awareness

The state or ability to perceive, feel, or be conscious of events, objects, or sensory patterns.

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