Carl, Age 44, Wants to Contribute the Maximum Allowed to a Roth

question 57

Multiple Choice

Carl, age 44, wants to contribute the maximum allowed to a Roth IRA. He is single and his AGI is $124,000. How much can he contribute to the Roth IRA?

• A) $5,500
• B) $4,033
• C) $2,000
• D) $1,467 AGI Phase-Out Ranges for 2018 IRAs

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