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Anna is covered by a qualified employer retirement plan at work. Her husband, Sam, is not an active participant in a qualified plan. If
Anna is covered by a qualified employer retirement plan at work. Her husband, Sam, is not an active participant in a qualified plan. If Anna and Sam's combined AGI is $135,000, Anna cannot make a deductible IRA contribution because she exceeds the income threshold for an active participant. However, because Sam is not an active participant and their combined AGI does not exceed $196,000, he cannot make a deductible contribution of $6,000 to his own IRA True False
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Understanding Basic Statistics
Authors: Charles Henry Brase, Corrinne Pellillo Brase
6th Edition
978-1133525097, 1133525091, 1111827028, 978-1133110316, 1133110312, 978-1111827021
