Question: * please show work Jack, age 72, and Sydney, age 60, have been married for 20 years. Jack is unemployed and Sydney earns $20,000. How

* please show work

Jack, age 72, and Sydney, age 60, have been married for 20 years. Jack is unemployed and Sydney earns $20,000. How much can Jack and Sydney contribute to each of their traditional IRA in 2020 respectively?

*Jack can contribute $

*Sydney can contribute $

How will your answers change if Jack is 60 and Sydney is 48 years old now?

*Jack can contribute $

*Sydney can contribute $

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