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Paul (single) is a high school principal (age 51) who wants to save a lot for retirement so that he can retire young. His 2020
Paul (single) is a high school principal (age 51) who wants to save a lot for retirement so that he can retire young. His 2020 AGI before any IRA contribution deduction is $74,000 (all earned income)
If he does not participate in an employer-sponsored plan, what is the maximum deductible IRA contribution Paul can make to a traditional IRA in 2020?
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