The Maximum Annual Contribution to a Roth IRA for an Unmarried

question 69

True/False

The maximum annual contribution to a Roth IRA for an unmarried taxpayer who is age 35 is the smaller of $5,500 or the individual's compensation for the year.

---

Definitions:

Tsunami

A series of ocean waves with extremely long wavelengths caused by large-scale disturbances of the ocean, such as earthquakes, volcanic eruptions, or underwater landslides.

P-Wave

A type of seismic wave that compresses and expands the ground, being the fastest kind of seismic wave and the first to be recorded by seismographs during an earthquake.

Velocity

The speed of something in a given direction.

Density

A physical property that describes the mass of a substance per unit volume.