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

question 36

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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 2013,assuming they earn $85,000 in total and are not participants in pension plans?


Definitions:

Internal Changes

Alterations occurring within an entity, organism, or system, affecting its internal state or operations.

Implicit Attitudes

unconscious beliefs or feelings toward persons, groups, or symbols that influence a person's reactions and decisions unbeknownst to them.

Automatic Associations

are quick, involuntary connections made between concepts, emotions, or behaviors based on past experiences and knowledge.

Experiential System

A cognitive process based on sensory experiences, intuition, and personal feelings, as opposed to analytical thinking.

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