Question: Javier, a 4 8 year old single taxpayer, earned $ 9 8 , 0 0 0 in wages. He is not covered by an employer

Javier, a 48 year old single taxpayer, earned $98,000 in wages. He is not covered by an employer sponsored retirement plan. What is his maximum allowable contribution to a traditional IRA for 2023?1. $0(he is not eligible to contribute to a traditional IRA),2. $6,500,3. $7,500,4. $22,500

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