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The Maximum Tax Deductible Contribution to a Roth IRA in 2014

question 55

True/False

The maximum tax deductible contribution to a Roth IRA in 2014 is $5,500 ($6,500 for a taxpayer age 50 or over).


Definitions:

Binge-Eating Disorder

Binge-eating disorder is characterized by recurrent episodes of eating large quantities of food, a lack of control during the binges, and feelings of shame or guilt afterwards.

Depressed

A state characterized by feelings of severe despondency and dejection, often a symptom of a psychological disorder.

Chemical Digestion

The breakdown of complex food molecules into simpler ones through chemical reactions, involving enzymes and other digestive substances.

Lacteal

Lymphatic vessel in an intestinal villus; aids in the absorption of fats.

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