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Business, 06.05.2020 23:14 lbelle

Generous Corporation provides a SIMPLE plan for its employees. Under the plan, employees can contribute up to 6% of their salary, and Generous Corporation will match each employee’s contribution up to 3% of the employee’s salary. Erika is an employee of Generous Corporation and elects to contribute 6% of her $60,000 salary to the SIMPLE plan. What is the total contribution made to her SIMPLE account?

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