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Leonard, a 51-year-old single taxpayer, earned $65,000 in wages. He is covered by an employer-sponsored retirement plan. What is his maximum allowable contribution to a

Leonard, a 51-year-old single taxpayer, earned $65,000 in wages. He is covered by an employer-sponsored retirement plan. What is his maximum allowable contribution to a traditional IRA for 2022?

$6,000

$7,000

$27,000

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