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If an otherwise qualified individual owns more than one IRA account, which statement describes his or her total annual contribution limit: e) the entire limit
If an otherwise qualified individual owns more than one IRA account, which statement describes his or her total annual contribution limit:
e) the entire limit amount applies to each IRA account owned
f) the contribution limit applies only during the first year that an account is open
g) the annual contribution limit is split in half for married couples filling jointly
d) the limit applies to the total contributions made on the individuals behalf to all traditional and Roth IRA for the year
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