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Problem 19-41 (LO. 4, 6) Answer the following independent questions with respect to a deductible IRA and 401(k) contributions for 2019. a. Govind, age 31,

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Problem 19-41 (LO. 4, 6) Answer the following independent questions with respect to a deductible IRA and 401(k) contributions for 2019. a. Govind, age 31, earns a salary of $26,000 and is not an active participant in any other qualified plan. His wife has $600 of compensation income. The maximum total deductible contribution to their IRAs is $ 5,500 b. Danos is a participant in a SIMPLE 401(k) plan. He contributes 6% of his salary of $42,000, and his employer contributes 3%. The amount of his total contributions to his SIMPLE 401(k) account for the year is $ and his employer's total contributions are $ The amount that will vest immediately is $ Problem 19-47 (LO. 6) Gene, age 34, and Beth, age 32, have been married for nine years. Gene, who is a college student, works part-time and earns $1,500. Beth is a high school teacher and earns a salary of $34,000. Their AGI is $37,000. a. The maximum amount Gene can contribute to an IRA in 2019 is $ b. The maximum amount Beth can contribute to an IRA in 2019 is $

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