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Answer the following independent questions with respect to Traditional and Roth IRA's for 2020. Leo's employer makes a contribution of $4,500 to Leo's simplified employee
Answer the following independent questions with respect to Traditional and Roth IRA's for 2020.
Leo's employer makes a contribution of $4,500 to Leo's simplified employee pension plan. If Leo is single, has earned income of $30,000, and has AGI of $40,000, what amount if any can he contribute to an IRA?
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