Question: Peri, age 6 3 and single, earned a $ 2 6 0 , 0 0 0 salary ( AGI ) as a university professor. Peri

Peri, age 63 and single, earned a $260,000 salary (AGI) as a university professor. Peri does not participate in the university's qualified retirement plan. Which of the following is true?
Multiple Choice
Peri can make a $7,500 nondeductible contribution to a Roth IRA.
Peri cannot make an IRA contribution.
Peri can make a $7,500 deductible contribution to a traditional IRA.
Peri can make a $7,500 deductible contribution to a Roth IRA.
Peri, age 6 3 and single, earned a $ 2 6 0 , 0 0

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