Marguerite is an active participant in an employer-sponsored retirement plan, but her husband, Frank, is not. Their combined adjusted gross income (AGI) for 2022 is $230,000. They each contributed $6,000 to an IRA this year. Which of these statements regarding the deductibility of the IRA contributions is CORRECT?

A)

Marguerite and Frank should open a Roth IRA instead.

B)

Frank may deduct his IRA contribution, but Marguerite may not deduct hers.

C)

Neither Marguerite nor Frank may deduct an IRA contribution.

D)

Both Frank and Marguerite may deduct their IRA contributions.