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In 2021, Madison is a single taxpayer who is 25 years of age. During 2021, she contributed $3,000 to her employer-sponsored 401(K) account. Her 2021

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In 2021, Madison is a single taxpayer who is 25 years of age. During 2021, she contributed $3,000 to her employer-sponsored 401(K) account. Her 2021 AGI was $69,500 (before considering any IRA deductions). What is the maximum deductible contribution, if any, that Madison can make to a traditional IRA, before any phaseout, and after any phaseout? Maximum deductible traditional IRA contribution before any phaseout Maximum deductible traditional IRA contribution after any phaseout

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