Dana, Age 31 and Unmarried, Is an Active Participant in a Qualified

question 149

Multiple Choice

Dana, age 31 and unmarried, is an active participant in a qualified retirement plan. Her AGI is $118,000. What amount, if any, may Dana contribute to a Roth IRA in 2014?

• A) $0.
• B) $3,225.
• C) $4,033.
• D) $5,500.
• E) None of the above.

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Definitions:

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An intermediate level of newness in product development that significantly alters a product or its usage but does not completely change market dynamics.

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