Question: 1 6 . 0 % complete Question Robert, single and age 5 4 , is a participant of his employer s qualified profit sharing plan.

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Robert, single and age 54, is a participant of his employers qualified profit sharing plan. For the current year he received a forfeiture allocation of $25, but the employer did not make any other contribution for the year. Robert would like to make a deductible IRA contribution. If Roberts AGI is $89,000(all comprised of W-2 earnings and portfolio income), what is the maximum deductible IRA contribution Robert may make in 2024?

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