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There Is No Limit to the Amount an Employee Can

question 92

True/False

There is no limit to the amount an employee can contribute pre-tax into a 401(k)plan each year.


Definitions:

Elderly Americans

Individuals in the United States who are considered to be of old age, typically categorized as being 65 years or older, and often focused on in discussions of healthcare, retirement, and social support needs.

Americanize

The process of assimilating or causing someone to assimilate American customs, values, and ways of life.

Southeast Asia

A geographic region in Asia that includes countries such as Indonesia, Malaysia, Singapore, Thailand, and Vietnam, known for its cultural diversity and economic growth.

Credibility

The quality of being trusted and believed in, often used in contexts relating to individuals, organizations, and information sources.

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