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Leon, age 45, is an active participant in his employer's defined benefit retirement plan, but he would also like to make a deductible contribution to

Leon, age 45, is an active participant in his employer's defined benefit

retirement

plan, but

he would also like to make a deductible contribution to a traditional IRA this year. Leon is married, files a joint return with his wife, and has an AGI of $112,000 in 2019. What is the maximum deductible contribution that Leon can make to a traditional IRA?

a. $2,700

b. $3,000

c. $3,300

d. $6,000

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Financial Theory and Corporate Policy

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