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Charles , a single 2 9 - year - old CEO of a technology start - up company , earns a $ 2 million base

Charles

,

a single

29 -

year

-

old CEO of a technology start

-

up company

,

earns a $

2

million base salary with a $

400, 000

bonus

.

He is not a participant in any retirement plans at work

.

What is the maximum deductible IRA contribution Charles can make during

2021 ?

.

0

b $

1, 000

.

6, 000

.

7, 000

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