Question: 1.Michael is single and 35 years old. He is a participant in his employers sponsored retirement plan. How much can Michael contribute to a Roth
1.Michael is single and 35 years old. He is a participant in his employers sponsored retirement plan. How much can Michael contribute to a Roth IRA in each of the following alternative situations?
a. Michaels AGI is $51,000 after he contributed $2,300 to a traditional IRA.
b.Michaels AGI is $81,000 before any IRA contributions.
c.Michaels AGI is $136,000 before any IRA contributions.
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