Jerrad, age 51, works 15 hours a week at a local fast-food restaurant while he attends a university. He recently learned about the power of compounding, and he opened a traditional IRA this year. If he earned $8,250 in wages this year, what is the most Jerrad could contribute to his traditional IRA?

• A :

  $6,500.

• B :

  $0.

• C :

  $5,500.

• D :

  $8,250.