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q7 plz The maximum annual contribution for someone just out of college (2020) would be $6,000 per year. Eligibility for a pre-tax IRA contribution (le,

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The maximum annual contribution for someone just out of college (2020) would be $6,000 per year. Eligibility for a pre-tax IRA contribution (le, tax deductible contribution) is subject to phase-out based on income. Anyone with income from any source is eligible to make a contribution to an IRA The spouse of an active wage eamer is eligible to make a contribution to a spousal IRA. Question 7 All but one of the following would be considered a source of guaranteed (systematic) income. Which one is NOT considered guaranteed income?" distributions from an employer's defined benefit (pension plan monthly payout from a life annuity, which was purchased from an insurance company monthly Social Security benefits withdrawals from a bond ladder dividends and capital gains from the equity portfolio Question 8 Which of the following statements regarding Social Security retirement benefits is INCORRECT

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