Question: What is the maximum amount a 4 8 - year - old taxpayer with $ 5 , 5 0 0 in wages is allowed to

What is the maximum amount a 48-year-old taxpayer with $5,500 in wages is allowed to contribute to a traditional IRA in 2025?
a. $0
b. $5,000
c. $5,500
$6,500

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