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Bruce, age 24, is an unmarried college student working part-time. He earned $3,500 of taxable compensation in 2023. His contributions to his traditional IRA for

Bruce, age 24, is an unmarried college student working part-time. He earned $3,500 of taxable compensation in 2023. His contributions to his traditional IRA for 2023 are limited to what amount?

A. $0 B. $3,500 C. $6,500 D. $7,500

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