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What Is the Maximum Amount a 55-Year-Old Taxpayer and a 48-Year-Old

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What is the maximum amount a 55-year-old taxpayer and a 48-year-old spouse can put into a Traditional or Roth IRA for 2015, assuming they earn $85,000 in total and are not participants in pension plans?

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Definitions:

Kohlberg's Scale

A theory outlining six stages of moral development, proposed by Lawrence Kohlberg, to explain how individuals' understanding of morality evolves.

Moral Reasoning

The process of determining right from wrong in a given situation, based on personal, cultural, or societal values.

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Secular Trend

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