Todd, age 26 and single, is an employee of the Ice Corporation. Todd's annual salary is $50,000. Ice has a qualified pension into which employees may contribute 5% of their annual salary Todd contributes the maximum). The corporation also offers employees a flexible benefits plan. Todd pays $500 into the plan and is reimbursed for $500 of medical expenses not covered by his medical insurance. Ice also provides Todd with the following benefits:

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The Answer of Todd, age 26 and single, is an employee of the Ice Corporation. Todd's annual salary is $50,000. Ice has a qualified pension into which employees may contribute 5% of their annual salary Todd contributes the maximum). The corporation also offers employees a flexible benefits plan. Todd pays $500 into the plan and is reimbursed for $500 of medical expenses not covered by his medical insurance. Ice also provides Todd with the following benefits:

Todd, Age 26 and Single, Is an Employee of the Ice