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During the year, Fiona, a 19-year-old full-time student, earned $4,500 during the year and was not eligible to participate in an employer-sponsored retirement plan. The
During the year, Fiona, a 19-year-old full-time student, earned $4,500 during the year and was not eligible to participate in an employer-sponsored retirement plan. The general limit for deductible contributions to an IRA is $6,600. How much of a tax-deductible contribution can Fiona make to an IRA?
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Principles Of Risk Management And Insurance
Authors: George E. Rejda, Michael McNamara
12th Edition
132992914, 978-0132992916
