Question: Corey, age 5 4 and single, has compensation this year of $ 8 5 , 0 0 0 . His employer does not sponsor a

Corey, age 54 and single, has compensation this year of $85,000. His employer does not sponsor a qualified plan, so Corey would like to contribute to a Roth IRA.
What is Corey's maximum contribution for this year to the Roth IRA?
$0
$7,000
$21,250
$6,000

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