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Ed was laid off at Christmas time last year. He has been looking for work but has not found work yet. He received $8,000 in
Ed was laid off at Christmas time last year. He has been looking for work but has not found work yet. He received $8,000 in unemployment benefits and sold his stock portfolio which netted him $30,000 long-term capital gain. He has some money left over and would like to contribute to a Roth IRA since his tax bracket is so low. How can Ed contribute to the Roth IRA
-$0
-$6,500
-$5,500
-$6,000
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