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Ms. Calhoun is age 48 and single. What is the maximum contribution that she can make...

Ms. Calhoun is age 48 and single.

  1. What is the maximum contribution that she can make to a Roth IRA if her AGI consists of an $89,400 salary from her employer?
  2. What is the maximum contribution that she can make to a Roth IRA if her AGI consists of an $89,400 salary plus $38,000 interest and dividends from a trust fund?
  3. What is the maximum contribution that she can make to a Roth IRA if her AGI consists of a $125,000 salary plus a $19,250 share of ordinary income from a partnership?
Maximum contribution

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  • Maximum contribution

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Maximum contribution

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