Question
John (age 59 and single) has earned income of $4,200. He has $36,700 of unearned (capital gain) income. a. If he does not participate in
John (age 59 and single) has earned income of $4,200. He has $36,700 of unearned (capital gain) income. |
| a. | If he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution John can make in 2013?
Deductible IRA: |
| b. | If he does participate in an employer-sponsored plan, what is the maximum deductible IRA contribution John can make in 2013? |
Deductible IRA:
| c. | If he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution John can make in 2013 if he has earned income of $19,200? |
Deductible IRA:
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
11th edition
9781259278617, 77861647, 1259278611, 978-0077861643
