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Realizing that providing for a comfortable retirement is up to them, Jim and Julie commit to making regular contributions to their IRAs, beginning this year.Consequently, each makes a $2,000 contribution to his or her traditional IRA.If their AGI is $35,000 on their joint return, what is the amount of their "saver's credit" for certain retirement plan contributions?
Palpitation
A sensation in which a person is aware of an irregular, hard, or rapid heartbeat.
Cardiac Enzyme
Biomarkers measured to evaluate heart function, particularly in the diagnosis of a heart attack or myocardial infarction.
Myocardial Infarction
A medical condition characterized by the death of heart muscle due to the lack of blood supply, commonly known as a heart attack.
Cholesterol
A waxy, fat-like substance found in all cells of the body, necessary for making hormones, vitamin D, and substances that help digest foods.
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