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Sarah is single and earns $60,000 in salary. She wants to invest $2,500 per year in an IRA but is not sure which type of

Sarah is single and earns $60,000 in salary.

She wants to invest $2,500 per year in an IRA but is not sure which type of IRA she qualifies for in her income bracket in 2020

Would the IRA contribution be a better investment than putting her $2500 in preferred stock paying a 6 percent annual dividend.

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