Question
Michael is single and 35 years old. He is a participant in his employers sponsored retirement plan. How much can Michael contribute to a Roth
Michael is single and 35 years old. He is a participant in his employers sponsored retirement plan. How much can Michael contribute to a Roth IRA in each of the following alternative situations? (Leave no answer blank. Enter zero if applicable.)
Problem 13-69 Part a
a. Michaels AGI before the IRA contribution deduction is $52,500. Michael contributed $2,600 to a traditional IRA. CONTRIBUTION TO ROTH IRA_______?
b. Michaels AGI is $82,500 before any IRA contributions.
CONTRIBUTION TO ROTH IRA_______?
c. Michaels AGI is $137,500 before any IRA contribution
CONTRIBUTION TO ROTH IRA_______?
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