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Melanie Is in the 39

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Melanie is in the 39.6% tax bracket and is ineligible to make deductible or Roth IRA contributions.Nevertheless,she wishes to contribute $5,500 to a traditional nondeductible IRA.How much taxable salary must she earn to have $5,500 left for the contribution?


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High School Students

Individuals who are enrolled in grades 9 through 12 in a secondary education institution.

Mathematics Achievement

The level of success or proficiency that an individual or group has attained in the area of mathematics.

Ninth Graders

Students who are in the ninth grade, typically the first year of high school in the United States, around 14-15 years old.

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Numerical values assigned to quantify performance, ability, or achievement.

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