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9, Esther is a partipant in her employer's 4010)plam She arained age 7to 70 on October 1, 2014 t a percent owner and retires on

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9, Esther is a partipant in her employer's 4010)plam She arained age 7to 70 on October 1, 2014 t a percent owner and retires on January 15, 2019. Her required beginning date for girnher Esther is not a 5 making distributions from the 401(k) plan is: a) October 1, 2014 b) April 1, 2015 c) April 1, 2019 April 1, 2020 10. Which one of the following statements with respect to the making of deductible IRA contributions in the year 2019 is not correct? A single wage-earner under age 50 is limited to a contribution of the lesser of $6,00 or 100% of her adjusted gross income annually. A married couple with both spouses working may each contribute the maximum contribution permitted a single wage-earner a) b) c) A married couple with only one spouse working, both under age 50, may contribute a d)) A 51 year old divorced person, who receives $7,000 of alimony annually, includible in total of $12,000 annually his gross income, may contribute a maximum of $7,000. 11. Eric had the following items of income in 2019: Investment returns as a limited partner in a limited partnership: $1,200 Unemployment compensation of $350 - Income from a law practice of S600 - Deferred compensation from a former employer of $14,000 Alimony of $750 Wages of $1,000 What is the maximum compensation Eric can make to an IRA in 2019? a) $2.350 $2,700 c) $5,500 d) $6,500 12. Shawn, a married 39 year old, deferred 10% of his salary in 2019, or $10,000, into a 401(k) plan sponsored by his employer. His wife, age 38, was unemployed all year and did not receive unemployment compensation. Assuming Shawn has no other income, what is the maximum contribution, if any, Shawn's wife can make to a Roth IRA in 2019? a) 0- b) $ 6,000 c) 7,000 d) $10,000

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