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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