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which of the following statements about IRAs is true A) TAXPAYER MAY BE ABLE TO REDUCE THEIR TAX LIABILITY BY CONTRIBUTING TO A TRADITIONAL IRA

which of the following statements about IRAs is true

A) TAXPAYER MAY BE ABLE TO REDUCE THEIR TAX LIABILITY BY CONTRIBUTING TO A TRADITIONAL IRA after the tax year has ended

B) TAXPAYER WHO PARTICIPATE IN AN EMPLOYER-SPONSORED RETIREMENT PLAN ARE NOT ELIGIBLE TO CONTRIBUTE TO A TRADITIONAL IRA

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