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Adam and Wendy are both considering contributing to an IRA.They are married, both are over age 50, and both are employed and covered by retirement

Adam and Wendy are both considering contributing to an IRA.They are married, both are over age 50, and both are employed and covered by retirement plans at work.Their modified AGI is $96,000.What is the maximum amount they can contribute and deduct on their tax return?

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