How many dollars they contribute to a roth ira each year
Problem
Sofia has access to a 401(k) with a 40% match up to 5%. If their salary is $58,000 and they want to save 16.6% of their salary per year for retirement, how many dollars should they contribute to a Roth IRA each year?
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If their salary is $58,000 and they want to save 16.6% of their salary per year for retirement, how many dollars should they contribute to a Roth IRA each year?
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