The Maximum Annual Contribution to a Roth IRA for an Unmarried

question 70

True/False

The maximum annual contribution to a Roth IRA for an unmarried taxpayer who is age 35 is the lesser of $6,000 or the individual's compensation for the year in 2019.

---

Definitions:

Abdominal Cavity

A body cavity in vertebrates that houses many organs, enclosed by the abdominal muscles and containing the stomach, intestines, liver, and other organs.

Coelom

A fluid-filled body cavity between the intestinal canal and the body wall in most bilateral animals, housing organs.

Pseudocoelom

A body cavity between the mesoderm and endoderm; derived from the blastocoel. Compare with coelom.

Echinoderms

Phylum of spiny-skinned marine deuterostome invertebrates characterized by a water vascular system and tube feet; include sea stars, sea urchins, and sea cucumbers.